#bake. $BAKE short orders to eat meat, yesterday's intraday short-term prompt short, let everyone focus on the long-short watershed near 0.2768, the market broke the 4-hour long-short price and went short all the way to the lower target.
Short-term contract monitoring operation, real-time attention to the changes in long and short forces.
BAKE's market analysis of the day:
In BAKE's market today, we see that the short side has obvious power at the 1-hour level, but it is noteworthy that purple signals appear at both the 2-hour and 4-hour levels, indicating that the market may have important changes.
Today's focus is undoubtedly on the position near the 4-hour level of the long-short watershed 0.2768. This position will determine the direction of the market's next trend.
If the market continues to go down, we need to pay attention to several key support levels: first 0.2651, then 0.2583, and finally 0.2524. If the price falls below these support levels, the market may further explore.
However, if the market rebounds, we also have several target price levels to pay attention to: first, 0.2829, second, 0.2900, and finally 0.3016. If the price can successfully break through these pressure levels, the market may usher in a wave of rising prices.
Please note that the market situation is changing rapidly, and traders need to keep an eye on the market and grasp the changes in the long and short forces in real time in order to make more informed trading decisions.
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