Intraday high and pullback, prices rose to 110400 in the evening until early morning but faced resistance, currently consolidating around 109000.

Short-term volume has shrunk, with bulls and bears in a stalemate and no signs of a breakout, maintaining high-level fluctuations. The hourly chart shows strong selling pressure around 110000, with prices retracing to the Bollinger midline support at 108800.

Long positions can be arranged in the range of 107500-106500, targeting 108500.