11.20 Morning Silk Road Analysis

In the early morning, the big coin once again broke through to a new high, reaching a peak around 93900, then retraced to a low of about 91280. Several trading days have been in a volatile range, and although there has been a rebound, it has only been a slight uptick, insufficient to change the overall high-level consolidation rhythm! Support at the lower range is 90500, with initial resistance at 93000.

From the four-hour perspective, there has been a certain pullback action. Recently, the coin price has been highly volatile, with frequent deep V reversals. It is believed that strategies need to be adjusted flexibly, laying out positions based on market trends in a timely manner.

Big Coin: Buy on a pullback to around 91500, looking at 93000 to 93500, and when the target is reached, reverse to sell.

Auntie: Buy on a pullback to around 3030, looking at 3200 to 3230.

When the target is reached, reverse to sell.