$PLAY

Will there be a sharp decline or correction??

After the main force pushed up earlier, they did not immediately sell off, but instead hovered and oscillated at high levels. From the order book chart, support below has actually been consistent, especially around 0.095 where there are obvious large buy orders supporting the floor, indicating that the main force does not want the price to easily break downward.

Currently, the most critical level is still around 0.10. As long as this level holds steady, there is a high probability of testing the pressure near 0.112 further up. Right now, there are many sell orders in the 0.11 - 0.12 range above, indicating that the main force is unlikely to push a quick surge in the short term, but more likely to shake out traders with oscillations.

Recently, this kind of spike and pullback actually looks more like clearing out chasing high floating positions.

The direction has already been pointed out to everyone, but how to implement it still depends on how each person chooses to operate.
‍#原油走低