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Standing on the upper band of the range, aiming for 9.9. Good morning brothers, we rallied last night. Based on the height of the early white session, the expectation was around 9.4. The bullish sentiment and value surged directly, reaching near 9.6. As long as today’s closing price is not below 9.47, the breakout from the oscillation range to 9.9 is not a big problem. The long-term target mentioned by Lao A is around 10.7.
On the daily chart, a large bullish candle closed, MACD volume expansion is somewhat insufficient, but the two lines crossed upward below the price. The 4-hour chart shows good coordination between volume and price, with a bullish moving average alignment. The hourly chart is in a similar situation. This type of breakout is straightforward, so brothers can consider retracement to add longs. The pattern is very similar, soon testing the resistance around 3450.
For conservative traders, consider retracing to buy on dips. For aggressive traders, buy on dips first, then go long.
94500 Dodo, buy near 93500, watch for 98500. Defensive below 92500.
3300 Dodo, buy near 3250, look for 3440, strong momentum targets 3500, defensive below 3220.