After spiking to 1829 on an hourly basis, it quickly dropped back. The current locked trading range is a box from 1780 to 1820, with bulls and bears repeatedly pulling back and forth. For the short term there is no clear one-way trend, so it’s suitable to buy low and sell high around the range boundaries.



The MACD green histogram is gradually narrowing, but it’s still below the zero line. KDJ has turned upward from a low point, repairing higher overall, and the overall consolidation pattern has not been broken. Support and resistance along the upper and lower edges of the range are clear—so you can stage entries within the range.

Single order attention: enter a sell order around 1820, target around 1775.
Defensive: 1825 (if there is an effective breakout above the top edge of the box and the consolidation logic fails, exit immediately).

Single order attention: enter a sell order around 1780, target around 1820.
Defensive: 1775 (if there is an effective breakdown below the bottom edge of the box, give up the long idea).

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InstantNoodle-LevelResearcher
· 07-12 17:28
This range has been getting farmed back and forth for three days now, and the fees are almost higher than the profit—please, main players, pick a direction already.
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ForkInTheRoadmap
· 07-12 16:54
The MACD green histogram narrows + the KDJ turns upward. This combination looks like a bounce might be coming, but it’s still safer to be cautious while below the zero line. I’m planning to set a buy order at 1780 to test the waters.
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FrontrunFail
· 07-12 15:33
Box volatility is definitely tiring—around 1820, we pressure-tested the resistance several times, but it couldn’t hold. Let’s wait for a breakout on increased volume before chasing.
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