7.23 Early Morning MU Market Analysis Poetry Commentary

In the afternoon, the行情 played out as scheduled with a “deep V” reversal! Although the price briefly broke below the 940 neckline during the session to trigger panic, bullish momentum quickly stepped in. A single large bullish candle directly pulled it back to 976.85. This shows the buy orders below 940 are extremely strong; the fake dump and shakeout is over, and the bulls have returned.

Key technical levels updated:
Overhead resistance: 980 (short-term suppression currently being tested), 995-1000 (integer pivot and prior high area).

Support below: 960 (the newly broken breakout platform), 945 (the long/short boundary—must not be lost again).

Suggestions:
Right now it’s stuck at 976, just one step away from the heavy pressure at 980. In the evening, the key focus is whether it can hold steadily above 980 with a real body.

Aggressive short-term long (bet on breakout):

If the evening open can hold above 975, you can try a small-position long.
Targets: First target 990-995; if it breaks through, hold for the 1000 level.
Stop loss: Set below 968 (to guard against a fake breakout pullback).

Conservative high-spot short (to avoid a double top):
If price reaches the 995-1000 area and shows clear upper wicks or signs of stalled momentum.
Strategy: Attempt to set up a short position to capture a pullback move.
Target: Retrace to 970-965.
Stop loss: Above 1005.

Poetry commentary:
The daytime pullback is a gift for those who are steadfast! Now 976 is the start-of-advance signal, and also the alert line. Don’t chase or cut blindly—wait patiently for confirmation of the breakout above 980, or for a rejection signal near 1000. This rebound is not easy to come by—protect LiRun! $BTC $ETH