6.9 Morning Auntie Plate 🍜 Poetry Viewpoint


Is it a pullback or a breakout? The strategy is ready!
Yesterday, Auntie stepped out of a V-shaped reversal pattern, rebounding strongly from the low of 1503 to around 1708, with the MACD golden cross confirming short-term bullish momentum recovery.
After touching the 1503 low, it quickly surged and recently broke through the previous downtrend consolidation platform (around 1650-1680 area). Currently, the candlestick is consolidating sideways above the 1700 level, indicating that bullish strength still exists, but the upward momentum has weakened, entering a buildup phase.

Resistance levels: around 1730-1750, strong resistance near 1800-1820.
Support levels: around 1680-1690, strong support near 1650.

Trading suggestions:
1. Wait for a rebound and stabilize within the 1685-1695 range before entering, cut losses if it breaks below 1675, with the first target at 1720 and the second target at 1745.
2. If the 4-hour solid bullish candlestick firmly stays above 1725, wait for a pullback confirmation without breaking below 1720 before entering, with a target directly at 1780-1800. $BTC $ETH $SOL
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