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Sunday Morning Jing Yi's Market Outlook
MACD maintains a red histogram with increasing volume, indicating continuous inflow of bullish funds; after a previous sharp decline, the market stabilizes and rebounds, with multiple tests of the lows not breaking new lows, significantly weakening the bearish selling pressure, and a deep decline scenario is basically ruled out. On the hourly level, there is a slight correction or retracement need, but it is part of a shakeout during the upward trend; over the weekend, a pullback can be seen as a low-buying opportunity.
Short-term strong support: 639
Key defensive support: 634
First resistance: 647
Target resistance: 755
Trading Suggestions
Buy in batches around 635-640 on pullbacks, with a stop below 634, aiming for a target of 755#我的Gate交易时刻