Short-term rebound touches 4620, clearly facing resistance and pulling back, current price is consolidating around 4580



Moving averages remain tightly bound, but the overall center of gravity has not shifted upward, a typical weak oscillation pattern. Unable to break higher, likely to face resistance and decline again later

Still not chasing longs tonight, main strategy is to sell on rebounds and follow the trend
Only short-term oversold rebounds at low levels, not holding long-term positions

Trading suggestion: On a rebound to around 4600, start to establish short positions
Targets are sequentially 4530-4500
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin