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$BTC
Last night, KONG was observed, breaking a new low of 661, now at 669, a slight rebound after short-term oversold conditions.
The current price is close to the lower Bollinger Band at 663, which acts as a temporary short-term support. The Bollinger Channel is opening downward, indicating the long-term KONG trend is opening up; the Bollinger Bands are widening, suggesting increased short-term volatility, and the momentum of KONG has not yet exhausted. However, after a bottoming out, a rebound is likely, so watch for the continuation of KONG, with a potential dip at lower levels. Targeting the 650-655 range. After reaching the low, expect a rebound.