May 15 HYPE Strategy

The indicator's three lines are turning upward and opening, indicating a strong short-term bullish trend, MACD has a golden cross with increasing volume and a big surge, bullish momentum is sufficient; KDJ has entered a serious overbought zone (J value exceeds 100), short-term correction and repair are needed; after a sharp decline, a violent V-shaped reversal occurs, which belongs to a short-term short squeeze rally, after a big rise, it will likely pull back and consolidate, oscillate.

First resistance: 46.99 (today's high)
Strong resistance: 47.5–48.0 (short-term profit-taking/entry point for short positions when price peaks here)

First support: 43.48 (Crocodile LIPS upper band, a key dividing line for short-term strength)
Strong support: 42.53 (Crocodile TEETH, the bulls' defensive lifeline)

Market outlook forecast
Short-term: Overbought conditions will lead to a pullback, first repair the indicator by testing support, which is a correction within an uptrend, not a reversal; medium-term: as long as it does not break 42.5, the overall bullish trend remains unchanged; if broken, this rebound ends and shifts to consolidation; combined with the Fed's hawkish macro bearish signals: only suitable for testing low longs, not for chasing highs, be cautious when buying high.

Trading directions
Focus on testing low longs, lightly hold short positions at high levels, strictly avoid chasing rallies
Going long: buy in stages around 43.5–42.5 during pullbacks, stop loss below 42
Going short: lightly short on rebounds touching 46.8–48, only for short-term corrections, not expecting a big drop
Defense: if it effectively breaks below 42.5, abandon bullish ideas immediately, switch to sideways or bearish stance
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