8.7 Early Morning Analysis
Today, the large pancake started to rise from 113500 to 115488 and has been running close to the upper track. The current market situation has gradually become clearer, and after a day of consolidation, the trend has begun to show positive changes.
From a technical perspective, the Bollinger Bands are opening upwards, and the MACD shows a continuous increase in volume. All indicators suggest that the bullish forces are dominant. It is recommended to take a bullish position on pullbacks.
Recommendations
Large Pancake: Bullish around 114800-114200, target 115500-116000
Second Pancake: Bullish around 3630-3600, target 3670-3700
