The second pancake encountered resistance and fell back after breaking through the upper Bollinger Band. It is currently operating below the upper band, and a slight pullback is still expected in the short term.
From a medium to long-term perspective, the second pancake has successfully broken through the key resistance level above, opening up an upward movement channel, and overall presents a typical oscillating upward trend.
In terms of operating strategy, it is recommended to focus on buying on dips. As long as the key support level is not broken during subsequent pullbacks, one can directly position for long orders.
