Early Morning Big Cake and Small Cake Operations and Analysis
Currently, the persimmon market is showing a complex situation of volatility after a sharp decline.
Looking at the four-hour chart, the Bollinger Bands three-track opening pattern remains intact, with strong support at the lower track, and the MACD dual lines positioned above the zero axis, indicating that the overall trend structure has not been damaged. However, the KDJ on the one-hour chart has entered the oversold zone, while the RSI's sideways movement shows that the momentum has somewhat weakened, suggesting that the short-term selling pressure may pause. The shorter 15-minute chart has shown a KDJ golden cross diverging upwards, releasing preliminary signals of a technical rebound.
In summary, the short term has already bottomed out, and with indicators entering the oversold zone, it is recommended to buy on dips during the early morning period!
Big Cake can be bought in the range of 88560–87823, targeting 91500, 93000, and 94000 nearby.
Small Cake can be bought in the range of 3070-3100, targeting 3240, 3320, and 3420 nearby for a pullback.
