In the end, it still shook down, breaking below 650 instantly. Does this mean 🈳's lucky days are coming? Let's pour a cold water first—it's still early.



Although the four-hour chart has currently broken below the middle band support, if it's a reversal, there will be increased volume on the downside, but there are no obvious signs of extension at the moment. The smaller time frame moving averages are trending downward, the MACD has a death cross heading downward with increasing downward momentum, yet the KDJ lines are about to enter the oversold zone. So at this point, it's better to wait and see rather than blindly chase 🈳.

Suggestion: For aggressive traders, wait for a pullback to around 649 to 645 before considering a buy; watch the 665-670 level above. Conservative traders should wait for the decline to stabilize before buying. Keep position size within 5%, with a stop loss at 63,600, which was the support area four hours ago.
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