7.17 early

Based on the daily chart framework, the price range is divided into the duoque range. 656 is the watershed that determines the next direction of the market. Whether price can hold within this range will decide whether the bulls can continue to open up the upward path through the duoque range. Meanwhile, 638 is the lifeline of this round’s bearish turnaround, and also the bulls’ last core defensive position at this stage.

Taking the related technical indicators into account again: the MACD red energy histogram shows a slight contraction, indicating that the bulls’ short-term push-up momentum has slowed down. The RSI is holding in the neutral range—price has neither moved into an overbought condition at high levels, nor entered an oversold condition at low levels. The market is naturally set up for a sideways range-bound sweep and the digestion of excess positioning. Overall, the conclusion is very clear: as long as the 638 support area is not effectively broken through by bearish-body candles, the overall upward structure of this round will not be damaged. The sideways correction is simply normal buildup of energy along the way.

Recommendations
Big pie: 633-628 duoque, target 645-655
Second pie: 1840-1820 duoque, target 1890-1920