The four-hour level chart shows a delicate balance period in the cerium market, with a flat running channel. Prices are under pressure but have not materially recovered. The volume shows resilience, and the moving averages provide support with a gradual upward trend. The short-term trend is clear, showing recovery actions, with a demand to rise and break the upward channel.
The one-hour level chart indicates a contraction in the running channel. After encountering resistance, prices have recovered and risen, with a decrease in volume, as momentum builds for a potential rise.
Big pie: around 111700-111200 for support, 110700 for additional support, and upward targets at 112800-113500.