Current Market Update
Bollinger Middle Band Tightrope: Price closely follows the Bollinger middle band (around 2.20-2.26 area), indicating a fierce battle between bulls and bears! Flat mid-track = countdown to a directional change, a direction must emerge within the next two days!
2.28 High Voltage Grid Above: The red line in the chart clearly marks 2.280 as the iron top (multiple spikes and falls), while the latest price of 2.264 seems to be crouching under the 'high voltage line' to gather strength.
Where is the Defense Line Below? Key support looks at 2.10-2.12 (previous low + Fibonacci 38.2% position), breaking here directly leads to a downfall!
Bull-Bear Showdown Signal Breakdown
Charging Conditions (Key to Breakthrough 2.28)
Increased Volume + Bullish Candlestick Charge: Current trading is light (latest trades are scattered), there must be continuous large buy orders breaking through 2.266-2.280 (the area of concentrated selling pressure in the chart).
Bollinger Bands Assist: If the price breaks above the upper band and the Bollinger channel suddenly 'opens', the surge market is confirmed!
Beware of the Dealer's Trick: False breakouts love to act at pressure points! Pay attention to whether it 'spikes to 2.28 and then drops back' (hanging man), that is a signal to run!
Risk of Plummet (Runaway Guide)
Mid Track Breakout Means Crash: If it breaks below the 2.20 mid-track (bull-bear dividing line), the target directly looks at the psychological barrier of 2.00 (waterfall starting point).
Signs of Main Force Retreat: Sudden large trades smashing down (as shown in the 'dense sell orders below 2.260' at the bottom), hurry and follow!
Beginner's Trading Strategy
Mnemonic: Don't chase highs under pressure, get in after a breakthrough pullback!
Aggressive Approach: Current price 2.264 light position trial long, stop loss set at 2.20 (below mid-track), increase position after breaking 2.28, target looks at 2.40 (near previous high).
Conservative Approach: Place a breakthrough order at 2.285 to chase up (confirm it stands firm against pressure), or place a short order at 2.19 to chase down (mid-track lost).
Life and Death Line Discipline: Never heavily bet on direction! Position ≤10%, only act when profit > risk!
Endgame Impact: Market Prediction + Fan Benefits
Tonight's Focus - 2.28 Attack and Defense Battle!
If volume breaks through 2.28, JTO will start a weekly-level rebound, first target 2.40 (+20% space)!
If it drops below 2.20 with decreasing volume, stop loss immediately! There is no risk to guard below, plummeting to 1.90 is not a dream!
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$JTO