Pancake Breakfast Strategy

Currently, the pancake price has retraced from its peak and is showing a continuous downward trend on the daily chart, with short-term bearish forces dominating. However, from a technical perspective, after an oversold condition, there is a demand for a rebound. One can attempt to take a light long position on the left side to bet on price recovery.

Intraday Operation: One can place long positions for pancakes between 115000 and 116000, with targets at 118000 and 119000.