Flatbread
The flatbread's rising channel is under pressure again. If the rebound cannot break through the 0.382 retracement, it will test the support near 92232 again. The daily chart shows a B wave decline in oscillation. If it breaks below 92232, a C wave decline will commence. For medium to long-term positioning, we are still waiting for the final drop. For spot trading, it is recommended to accumulate in batches on the way down; specific entry points require internal consultation.
In 4 hours, it will fill the CME gap at 96678. Key points of focus are the bottom connecting lines at 90500 and 92232; if they hold, short positions can be taken. If broken, a C wave decline will need to be considered.
