Big Cake Short-term Long Position Strategy Suggestions
Trading Direction: Go Long
Entry Point: Around 112500
Target Point: Around 114000
Technical Reference: The current Big Cake price has retested the key support level of 112500, which has effectively absorbed buying pressure multiple times, and the short-term moving averages are showing an upward divergence, forming technical support, making a rebound after the retest highly probable.
Volume Coordination: Recently, when the price fluctuated in the 112000-113000 range, the trading volume increased moderately, indicating a growing willingness for capital to enter at lower levels, providing a volume basis for further upward movement to 114000.
If the price successfully approaches 114000, partial profit-taking can be considered, and the remaining position's stop-loss can be moved up to 113200, betting on further upward potential (if it breaks through 114000, it could reach the 114500-115000 range).
Trading Direction: Go Long
Entry Point: Around 112500
Target Point: Around 114000
Technical Reference: The current Big Cake price has retested the key support level of 112500, which has effectively absorbed buying pressure multiple times, and the short-term moving averages are showing an upward divergence, forming technical support, making a rebound after the retest highly probable.
Volume Coordination: Recently, when the price fluctuated in the 112000-113000 range, the trading volume increased moderately, indicating a growing willingness for capital to enter at lower levels, providing a volume basis for further upward movement to 114000.
If the price successfully approaches 114000, partial profit-taking can be considered, and the remaining position's stop-loss can be moved up to 113200, betting on further upward potential (if it breaks through 114000, it could reach the 114500-115000 range).
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