After the market rose and touched the strong resistance level of 125,000, the daily line closed with a significant long upper shadow, indicating heavy selling pressure above. After the opening of a new daily line, the price showed a pullback, testing the support strength of the previous upper edge of the bull flag.
From the perspective of the pattern structure, this kind of pullback confirmation of support during an upward trend is often considered a healthy technical correction, which is beneficial for accumulating momentum for further upward movement.
Lao Mo still remains optimistic 🔥🔥🔥
