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From late yesterday evening to the early morning, Big Cake went through a round of ultra-fast upside expansion, directly pushing above 7.8 and once again refreshing the recent high. Currently, the coin price is slightly pulling back and consolidating around 7.7.
From a technical perspective, the 1-hour and 4-hour Bollinger Bands are still in an open state, and the price is stabilizing above the Moving Averages. The MACD continues to expand, and the MA moving averages form a Golden Cross above the zero line. Over the past few days, several consecutive long bullish candles have been closed, with the coin price rising steadily from 7.3. Each time it experiences a small pullback, it can be quickly pulled back up, indicating that the bullish side remains dominant and there is still room for further upside.
Buy Big Cake on a pullback around 7.7~7.65, target 7.8~7.85
Buy Second Cake on a pullback around 2410~2350, target 2450~2480