The long-term moving averages MA144 and MA169 form a strong support zone at 62,467–62,514. The prior selloff’s low stabilized here, making the bottom support solid. The short-term resistance above is 65,589—this is the high point of the current rebound and a key breakthrough gate for the bulls.



The overall bullish structure remains intact. In the short term, rely on the 64,000 line as support; pullbacks to the support zone are opportunities to buy the dip. If there is a volume-backed breakout above the 65,589 resistance level, it will open up a new round of upside room. As long as the 62,500 support below is not broken, the medium-term uptrend remains unchanged.

Boss long around 64,300; add/cover at 63,500; targets 65,300 and 65,800.
Second long around 1,840; add/cover at 1,810; targets 1,900 and 1,930.
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