Today’s Er Bing Public Thinking (Thursday)


Current price 2352.79, below the Bollinger middle band 2357.12. The Bollinger bands are narrowing. Overall, it shows short-term weak consolidation; after the earlier surge and pullback, and after testing the low at 2343.27, there has been a slight rebound, and bulls and bears are temporarily deadlocked.
Key price levels
• Resistance: 2357-2360 (Bollinger middle band, the line separating bulls and bears), 2369.57 (Bollinger upper band, strong intraday resistance)
• Support: 2344-2347 (Bollinger lower band + previous low), 2343.27 (intraday low; if it breaks, the short side will continue)
Bull and bear trading ideas
Short: If you see a stall signal when the rebound hits the 2357-2360 range, try a short with a light position; exit if it reaches 2365, target 2345-2340.
Long: After the pullback to 2344-2347 stabilizes and closes with a lower wick, try a long with a light position; exit if it reaches 2340, target 2357-2365.
Trading reminder
Within the range 2343-2370, sell high and buy low with quick entries and quick exits; if 2343 breaks, follow the trend to chase shorts; if it holds above 2370, look for a trend reversal to go long—throughout, keep positions light and strictly cut losses. #GatePreIPOs首发SpaceX $BTC $ETH $GT
BTC1.25%
ETH1.43%
GT3.29%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin