Hourly Chart (Figure 1):
After reaching a high of 105000 yesterday, it has pulled back, currently in a short-term high-level consolidation.
The EMA and MA moving average systems are in a bullish arrangement without breaking, a pullback may lead to further attempts to test the highs.
CCI has pulled back but remains above 100, momentum is still acceptable.
4-Hour Chart (Figure 2):
The moving average bullish structure is clear, with MA10 and MA20 providing strong support.
After breaking the previous platform (around 94000), it has aggressively moved up, currently undergoing a technical adjustment after increased volume.
The current pullback has not broken below EMA10 (around 103400), and the medium-term bullish trend continues.
Daily Chart (Figure 3):
The key resistance at 110000 has been tested previously but was unsuccessful.
Current MACD and CCI momentum is starting to warm up, MA10 is turning upwards, in the recovery phase of a larger cycle reversal structure.
Suggested Trading Strategy (for reference only):
Current Key Level: 104000
First Support Level: 102800
Second Support Level: 101700
Stop-Loss Level: 105100
