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The way back is also the way forward; rises and falls are all part of the script. Is it just for harvesting???
Let's take a look at this妖精$LAB with Yijingyi together.
From a technical structure perspective, the bulls are strong with high-level oscillations, short-term slightly bullish without chasing highs, mainly buying on dips, moving averages are in a bullish arrangement, MACD bullish momentum is sufficient; RSI has entered the overbought zone, there is a need for a pullback but the trend is not bad, Bollinger Bands upper band is opening, the bullish channel is intact.
Key levels
Support: 4.80–4.90 strong support, 4.50 bottom support
Resistance: 5.38–5.50 first resistance, 5.80–6.00 strong resistance
Trading directions
Short-term: Hold steady above 4.80 and continue to be bullish, small profits can be taken if it rises above 5.50 without breaking;
Pull back to 4.80–4.90 for phased entry, break below 4.50 and switch to observation.
Strategy: Buy on dips, do not chase highs, keep light positions at high levels with good stop-losses.
Friends who like altcoins can take a look
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