The two-pie midnight continues to fluctuate and decline, falling from the peak to the low support level.
4-hour technical analysis: MACD convergence with reduced momentum, a temporary standoff between bulls and bears, whether the rebound can surpass the mid-line remains to be seen; RSI has rebounded from oversold but struggles to pull up prices, with insufficient follow-up intention; KDJ is diverging downward, with short-term bears in control.
Overall under pressure with adjustments, the rebound is weak, be cautious of further declines!
Suggestions revolve around targets: short near 3110-3150, with an initial target of 3020, and if broken, look for 2910.
