5.13 Morning Yitai Board 🍜 Poetry Perspective



Hold this range, there is still a chance for a pullback!

Yesterday, Yitai continued the high-level consolidation after the rally, then pulled back according to the same rhythm. Overall, price has been repeatedly battling within the key support and resistance zones; it is currently trading near 2283, at a crucial position in the recent pullback.

From the 4-hour chart, the sell pressure in the 2330-2380 range is heavy. After two attempts, price was unable to hold above it effectively. The 2260-2280 area is the short-term support band and the key zone where the Doto takes over; it is currently consolidating near this range. The MACD indicator shows weakening momentum; DIF and DEA are running near the zero line below it, and the red bars have not yet expanded noticeably. In the short term, it still mainly remains a consolidation game.

Yitai’s advice: If the price retests and stabilizes in the 2260-2280 zone, and support is not effectively broken, you can take a light position to buy Doto. The target is 2310-2330. If it effectively breaks below 2255, you need to adjust your thinking in time to avoid the risk of further downside.

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