🌞Good morning, brothers.
The market indeed needs to wait for Monday to gain momentum. Although some bearish news was already digested last night, the overall trend remains within expectations, first pulling back and then rebounding, with the smaller time frame rhythm completely aligning with structural forecasts.
After a whole day of sideways movement last night, there was a downward manipulation at 10 PM to shake off some floating capital. After continuous fluctuations, the probability of a direct surge is low, and currently, the hourly level has broken through the previous fluctuation range, entering a repair phase in the short term. Next, we need to pay close attention to whether the pullback can provide a new buying point.
If the price can continue to rise and effectively break through the 4-hour EMA moving average, then consider chasing long positions in the direction of the trend; if the pullback does not break key support, then maintain the strategy of buying low.
Support below is at 90250, 89500, and resistance above is at 92500, 93500.
The overall rhythm still tends to be oscillation repair, focusing on "buying low and selling high, with light positions" while waiting for a breakout to confirm direction.
Currently, the price around 90900 for #大饼 is suitable for a light long position, with a stop at 89500, and a short-term target at 92100, with a breakout target at 9350.
Ali has already brought fans into the market, and those who want to follow can call me in the chat room.
