Day50 Market Analysis
The market has experienced a surge, and the current price level is in the range of 3030 ~ 2977, undergoing consolidation. During the range trading process, it is recommended to closely monitor the price reaction at 3010, as this serves as the dividing line for short-term bullish and bearish momentum.
🔴 Bullish Breakout Plan If it can effectively break through the upper edge of the range at 3030,
the upper targets to focus on are: 3047 / 3076.
🟢 Bearish Breakdown Plan If it breaks below the lower edge of the range at 2977, it indicates that short-term pullback pressure is emerging,
the lower support targets to focus on are: 2955 / 2939 / 2921.
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