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A Wang An'an Morning Double Cake Pancake Analysis:
Current, the price of the double cake pancake is running around 2315. Although in the morning it briefly followed the overall market to complete a technical rebound from the 2280 low, the peak reached above 2337, but bullish momentum quickly weakened. The price has now returned below the middle band of the Bollinger Bands and is entering a weak consolidation phase of a pullback from high levels. Overall, it shows structural characteristics of “rebound meeting resistance, weakness at high levels.” The Bollinger Bands are converging; the price has broken below the middle band; and the moving averages are turning downward. The hourly chart shows a rebound with no volume—rising then falling back—lower highs, with the bears dominating the market.
Trading Suggestions:
Place an order around the 2350 area cautiously, target 2320-2990, with a small stop-loss! $ETH #GatePreIPOs首发SpaceX #Gate13周年现场直击 #比特币反弹 #美伊二轮谈判进展 #香港证监会发布新监管框架