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June 12 Evening Aunt Tai Market 🍜 Poetry Viewpoint
Don't move recklessly! Just focus on these key levels!
Aunt Tai Bai Pan exits the bottoming and rebound, high-level oscillation trend, price rebounds from around 1620, peaks at around 1693, then faces resistance and pulls back, currently consolidating around 1665.
The 4-hour MACD double lines are turning upward, the red histogram continues to expand, bullish momentum is dominant, but upward pressure is weak, trading volume gradually diminishes, raising doubts about the sustainability of the rebound.
The middle band of the Bollinger Bands support has moved up to the 1640-1630 range, and the retracement in the white market has not effectively broken below, so short-term bullishness still has support.
Support levels: 1640-1650, strong support at 1620-1630
Resistance levels: 1675-1685, strong resistance at 1695-1705
Trading suggestions:
1. If the pullback stabilizes at 1640-1650, consider a small long position, target 1670-1680, stop loss below 1630.
$ETH
2. If the rebound faces resistance at 1680-1690 and stalls, consider a small short position, target 1660-1650, stop loss above 1700.
$BTC