The daily line is a small bearish candle with short upper and lower shadows, and the trading volume is three-quarters of the previous day, which is a normal downward pullback trend.
The daily MA30 line is still maintaining an upward trend, and the MACD shows a weakening upward momentum above the zero axis.
The daily level is still maintaining a volatile upward trend, all moving averages are diverging upwards, and the short-term pullback does not temporarily affect the upward trend.
The price is quite far from the daily MA30 line, indicating that there will definitely be a downward pullback, which is also the reason we advised everyone to take profit on the long positions chased high yesterday.
Currently, it seems that there is still room for further downward pullback, and if it pulls back to the 158-163 range, it would be a good opportunity to catch a decent rebound.
Daily level resistance at 184.6-193.6-202.4-220-240 and support at 164.3-157.1-143.9.
From the hourly level, it is currently following a 4-hour reversal within the 8-hour rebound, returning to the 4-hour zero axis, and there is still room for rebound at the hourly level, depending on the strength of the rebound.
In the short term, one can short near 182 and go long at 166.8.
From the three-day clearing heatmap,
Price is rising, with some large short positions waiting to be cleared in the 177.2-183.2 range, and a large number of large short positions waiting to be cleared in the 183.6-188 range.
Price is falling, with a large number of large long positions waiting to be cleared in the 171.4-168.3 range.
