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6.12 Morning Auntie Disk 🍜 Poetry Viewpoint
Early morning surge of 90 points! Today’s critical support and resistance levels depend on these two points!
Auntie yesterday experienced a strong rebound rally after a bottoming out, starting from the low of 1602, rebounding to a high of 1693, with a daily range exceeding 90 points, ultimately consolidating around 1676.
From the 4-hour chart perspective, after retesting the previous support level, it quickly pulled back, continuously closing with several full-bodied bullish candles, directly recovering the earlier decline. The MACD indicator also shows a turning upward signal, with DIF and DEA about to form a golden cross, and the red histogram bars continuing to expand, indicating that bullish momentum is rapidly gathering at low levels, and market sentiment has shifted from panic to bullish.
Support levels: 1660-1665, strong support at 1640-1645
Resistance levels: 1690-1695, strong resistance at 1710-1720
Trading Suggestions:
1. During the pullback to 1660-1665, take a light position to buy, targeting 1690-1695, with a stop loss at 1645
2. If it rises without breaking 1695, try a small short position, targeting 1670-1665, with a stop loss at 1705 $BTC $ETH