The large pancake is mainly consolidating in a sideways manner on the short-term chart, with the support level around 110500. For now, corrections are primarily based on the support at 110500.

The 4-hour indicators show signs of a continued pullback in a sideways trend, while on the 4-hour chart, it is in an upward consolidation pattern with support around 110500.

There are signs and possibilities for a continued upward movement on the 4-hour chart, and corrections will continue. Overall, use the support level to engage in low long positions! Buy at 110500, target 117000.