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Today Silk Road 📊
Providing clear levels in advance:
The 70000 integer level below is the core support; if it holds, we can layout long positions to catch the rebound;
71500 above is the first resistance; if it's rejected, we can catch the pullback accordingly.
Actual market action perfectly delivered:
Started uptrend from 70075 stop loss, reached a high of 71377
As evening approached, the market entered a consolidation phase, with a slight pullback followed by a rebound, then another decline, currently testing a low of 70534.
This is the ultimate test of mindset and execution:
Is it the temptation of short-term volatility, or is the trend truly reversing?
Did you hold your position and stick to your original judgment?
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