Monday Morning Auntie Jinyi's Thought Process



Moving in sync to break out with a strong upward trend, yesterday's idea paid off with a 79-point gain, are the investors enjoying it? Intraday high at 1732; oscillating and recovering from the 1503 low, breaking through the short-term box today, linked with BTC's strength.

MACD formed a golden cross at a low position, the red histogram appeared, bearish momentum is fading, and the bulls are starting to counterattack; KDJ three lines turning upward, bullish signals just initiated, with short-term upside room still available. If it retraces and holds above the 1700 level, it can be seen as a sign of a rally; if it falls below 1700 and continues to weaken, the short-term rebound structure is loosening.

Resistance at 1732 (intraday high, short-term resistance)
Second resistance: 1750 integer level

Support at 1700 (short-term key dividing line), 1673, 1653

Trading Suggestions
Retrace to 1700-1705 and stabilize to attempt long positions, target 1732→1750; stop loss below 1670.

If it peaks at 1732 and pulls back, breaking below 1720, look for short positions with support at 1700; stop loss above 1735. #我的Gate交易时刻
ETH2.69%
BTC1.93%
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