Over the weekend, the market experienced narrow fluctuations, with highs consistently oscillating around 150. After a brief drop in the morning, prices stabilized above 150. Those who haven't participated in the low long positions should pay close attention to the 152-155 resistance zone.
If the 4-hour closing price can hold above 152, there is still potential for a short-term upward movement, but the resistance in this area is significant, so caution is advised when chasing long positions.
The likelihood of encountering resistance when rebounding to the resistance zone is high, and after repeatedly testing the 150 level, there is insufficient upward momentum for a breakout. High short positions are more cost-effective.
Trading Suggestions
Enter high short positions in batches
Range: Focus on the 153-155 area, particularly near the 154 resistance level.
First target 145, second target 140
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