The weekly chart shows a large bullish candle with an amplitude exceeding 54%, and the trading volume is 3.2 times that of the previous week, indicating a volume-driven rise.
The weekly MA30 line has started to flatten out after a decline, and the MACD shows a weakening downward momentum near the zero axis. If this week continues to close positively, the MACD will shift to an increasing upward momentum.
The weekly level is still in the bottom region, and the large bullish candle indicates that the weekly upward trend has just begun. Don't mind the short-term pullback adjustments; hold steady.
The daily level is a bullish candle with a long upper shadow and a short lower shadow, and the trading volume is 2.5 times that of the previous day, indicating a volume-driven rise.
The daily MA30 line has started to flatten out after a decline, and the MACD shows an increasing upward momentum below the zero axis.
The price has risen just at the pressure zone we mentioned yesterday, between 2830-3000, forming a wave of hourly-level pullback.
Today, the price will continue to surge, targeting a rise above 3000, then stabilizing, followed by a wave of daily-level fluctuations, accumulating strength before continuing to rise.
The next target range for the rise is 3450-3770.
Daily level resistance is at 3000-3450-3770-4060-4480, and support is at 2560-2485-2350-2100.
