The pancake 🫓 is currently around 109200, and the short-term increase is a bit rapid. KDJ is overbought, and although MACD is bullish, it may be losing strength.
The upper resistance is in the 109600-109900 range. If it can't break through, it may pull back to the support levels of 107500 or even 105000 🔥
In the short term, consider lightly shorting on rallies.
Target range 109300-11000.
Target 108000-107000.
