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Big Pancake Auntie’s rebound is on point, current price confidently holding the position for a swing!
Lunar Cake is holding steady above the hourly middle band, operating within the upper band of the Bollinger Bands, with a complete bullish trend structure. The upper band at 75245 (Bollinger upper band) is a short-term strong resistance level; MACD shows a golden cross with a complete structure, but the red bars are continuously shrinking, indicating that bullish momentum is gradually weakening, with a risk of divergence at the top, and short-term pullback pressure is increasing; KDJ's three lines form a death cross at high levels, and the J line drops sharply, clearly signaling a short-term correction, with a need to test the middle Bollinger Band.
Lunar Cake and Auntie are highly correlated, with completely synchronized movements, both in the short-term correction phase of a bullish trend. The main trend remains intact, but short-term correction signals are highly resonant.
Trading suggestions 🔥🔥🔥
Pullback single:
Lunar Cake 74400-74600, target near 75500
Auntie 2315-2330, target near 2360
High leverage short-term:
Lunar Cake 75300-75600, target near 74500
Auntie 2370-2380, target near 2330
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