The operation strategy for the evening of 12.8
The road to success is not crowded because there are not many who can persist until the end. When you want to give up, please tell yourself to hold on a little longer, because often this little bit of persistence brings you one step closer to your dreams.
From a technical structure perspective, the MACD indicator is running below the 0 axis, and the histogram continues to shorten but has not turned red, indicating that bullish momentum has not yet fully recovered; the RSI indicator is in the neutral zone at 45, showing that the forces of bulls and bears are temporarily balanced. Short-term support is strong, and the probability of a rebound or consolidation is high, with prices continuously oscillating between the midline of the Bollinger Bands, forming a typical triangular convergence pattern. Recently, the frequent appearance of long lower shadows in the K-line indicates strong support in the lower range. From the 1-hour level, bulls and bears are in a stalemate, with solid support levels. Two downward tests have not broken support, and the prices quickly rebounded upon testing the support level twice, forming a double-bottom pattern, indicating high validity of the support below.
The short-term operation strategy for the evening focuses on buying on pullbacks, suggesting entering long positions around 90800, and buying on dips is advisable, with defense set at 88800 and targets looking at 92500 and 93500.
