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6.16 Afternoon SPCX Market 🍜 Poetry Viewpoint
Rising sharply then falling back, analysis of key short-term bullish and bearish levels!
After a big surge at low levels, 228 faces resistance, and the bullish trend temporarily pauses; high-level resistance, rebound struggles to break previous highs; long-term bullish remains intact, short-term needs a correction, with sufficient support below, low probability of a major drop.
Resistance levels: 220, high point 228
Support levels: 210, 203, 196
Trading suggestions:
1. Short at 218-220 rebound zone, stop loss at 229, target 210, break below look at 203;
2. After testing 210-212 and stabilizing, add to long positions in batches, stop loss at 205, target 217-220; $BTC $ETH