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Morning analysis on the 20th
The four-hour Bollinger Bands have narrowed and flattened, with the price consolidating around the middle band. The moving averages are gradually converging to form support, and the momentum indicators are releasing stabilization signals. Short-term downward pressure is weakening. Strategy-wise, it is recommended to go long on pullbacks.
Trading suggestions
Buy on dips around 92,200-91,700, with targets at 93,500-94,000. If broken, continue to look for a rise to 95,000.
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