$OP Currently, OP clearly points to shorts at the 1-2 hour level. Once the purple signal point appears at the 4-hour level, it indicates that the callback has started. For this callback, our initial target is set at around 1.9218. This price is extremely critical and is the current four-hour long-short watershed. If the rebound does not break this level, the market will still maintain a short trend; once it breaks through, it is recommended to close short positions or adjust strategies.
During the callback, please closely monitor the following support levels: 1.8250, 1.8002 and 1.7533, which may bring buying opportunities. Similarly, during the rebound, pay attention to the upper pressure levels: 1.9715, 1.9896 and 2.0455, which may form selling resistance.
Whether trading contracts or spot, whether taking long-term or short-term strategies, you should take advantage of the callback to capture potential market opportunities.
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