To be honest, the second pancake is really solid, you wouldn't believe it, some might think the second pancake took Viagra (just joking).
The reason the second pancake hasn't fallen is because its exchange rate hasn't dropped. Once the exchange rate goes down, let's see if it falls.
However, I still hope the second pancake can remain strong like this!
My thought is that this drop might be to clean out those who are not firm in their support for the second pancake, leading to a drop as profit-taking occurs at the upper resistance level.
As long as the second pancake doesn't break 2433 and can come back, the trend is under control! If it breaks, then everyone jump ship, haha 😂.
Currently, if it stabilizes at 2454, you can cautiously buy a little; if it breaks 2440, you can carry a little.
The resistance level at 2466, if broken, will look towards 2500-2527. If it stabilizes for 1-2 hours at 2466, it will take off!
If it breaks 2433, then we can look down to around 2380-2330.
This indicates that the second pancake is starting to show weakness.
Everyone, be sure to defend well this evening! Class dismissed!