Rock Candy Orange's key position breakthrough is imminent: if it stabilizes, it will open up the northern market trend; if it fails, it may return to a downtrend.
The current price of Rock Candy Orange hovers around 88100, at 2:50 AM Beijing time. In the frustrating sideways market, some coin friends could not hold on and chose to exit at the excellent northern layout point of 85000. However, securing profits is also wise, as considerable gains have already been made. Here, we reiterate strategic advice: retain some of the 85000 base position for continued holding, and if the market retraces to the 85000 range, consider adding positions again. We must remember that we have previously made five precise northern layouts at the 85000 position, each yielding thousands of points in profit.
On the daily K-line dimension, the price reached a high point of 88550 before the release, dipping to a low point of 87700, and is currently undergoing horizontal consolidation around the EMA15 trend fast line of 88700. From a technical perspective, the MACD contraction phase has concluded, and the DIF and DEA indicators have completed the golden cross formation. The core observation window focuses on today's daily K-line closing node: if the main force can push the price to stabilize above the 88000 mark, the northern upward trend is likely to unfold accordingly. Attention should be paid to the resistance at the middle track of the Bollinger Bands at 89500 above, while the lower track at 84850 constitutes key support. It is important to be alert that the overall trend of the current market has not yet escaped the bearish pattern; operations should not blindly chase the northern trend. Either patiently wait for a stable pullback or remain on the sidelines and not enter the market.
Switching to the four-hour K-line cycle, the market shows an extreme horizontal contraction trend, with volume continuously declining and lacking upward support, and the EMA trend indicator has also entered a convergence range. On the short-term level, the upper pressure point is locked at 89500, and the lower support focuses on the 87700 line. Technical signals show multiple divergences and differentiations: the EMA trend indicator shows a top divergence pattern, the MACD's DIF and DEA indicators are continuously diverging, and although the KDJ indicator has formed a death cross, the price stubbornly consolidates at a high level. This series of signals indicates that the main force is brewing a directional choice at the 90000 integer mark, with only two possible paths—either pull back to test the 85000 support area or break through the 90000 mark to impact the target of 94200. In summary, we emphasize operational discipline again: do not liquidate all positions, retain the northern chips of the 85000 layout, and patiently hold while waiting for clear direction.
