The big pancake is under pressure and has retreated, but the trend remains unchanged! Relying on the resistance level, continue to layout for short positions.
The daily chart of the big pancake rebounded to the middle track of the Bollinger Bands and encountered resistance, showing weakness in upward movement, and the overall trend still leans bearish; the 4-hour chart has repeatedly shown long upper shadows, indicating a decline in bullish momentum, with prices pressured at the top of the downward channel. The morning suggestion is to continue short operations relying on the upper resistance level.
You can focus on shorting around the rebound at 89500 and near 90000. The target looks at breaking 88000 to continue looking down at 87000.
