The daily line is a small bearish candle with a long lower shadow, and the trading volume is about half of the previous day, indicating a fluctuation downward trend.
The daily MA30 line maintains a slight upward trend, and the MACD shows an increasing bearish momentum not far above the zero axis.
The price has just dropped and touched the daily MA30 line and EMA52 line, forming a relatively good rebound, which is consistent with the position mentioned in our market commentary yesterday.
In the short term, the price still needs to continue to probe downward, testing the support strength of this position, and it is still possible to buy in batches.
If there is a pullback to the area of the daily MA30 line and MA120 line, it would be a very good entry point, with the price between 33.5-36.
Daily level resistance at 41.6-43.6-48-51.6, support at 35.9-33.5-30.9
