6.7 Big Cake🫓 Midday Analysis:
Big Cake🫓 rebounds after hitting the bottom but faces pressure, short-term may encounter a pullback
Big Cake rose after hitting the bottom yesterday, currently trading around 105000. The four-hour chart shows the Bollinger Bands gradually narrowing, and the hourly KDJ indicator is overbought, indicating that short-term upward momentum is weakening. It is expected to enter a stage of oscillation and pullback, with opportunities for short positions in the upper range in the future.
Operational Suggestions:
▶ Short Position Entry: Gradually enter in the 105000-105500 range
▶ Target Take Profit: 103800-102500
▶ Defense: Above 106300
If the price continues to be pressured at 105500, consider entering with a light position in advance, and pay attention to evening market sentiment
