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Good evening, on the current hourly chart, the trend is relatively weak, currently at 2330 resistance, having broken below multiple short-term moving averages, showing a bearish alignment. The MACD bearish momentum is still being released. It is operating near the lower band of the Bollinger Bands, with limited rebound strength. Although RSI and KDJ have entered oversold zones, indicating a short-term rebound possibility, volume analysis shows increasing selling volume during the decline and decreasing volume during the rebound, suggesting insufficient bullish strength.
Sweet orange faces resistance around 74500-75200, and may test the 73400-72300 range later;
Concubine positions face resistance around 2350-2375, and may test the 2300-2265 area later.
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