The daily chart shows a long bearish candlestick with short upper and lower shadows, and the trading volume is slightly higher than the previous day, indicating a normal corrective trend.
The daily MA30 line shows a slight downward trend, with the MACD above the zero line indicating an increase in bearish momentum. There is still room for further price decline in the short term, and it will likely retest the upward trend line, which coincidentally also retests the daily MA120 line, with the price around 11120.
Spot can still be entered near the support level on the daily chart, waiting for the arrival of the main upward wave.
Daily pressure levels are 13450-14500-15800-16760-17300, support levels are 11120-9800-8600.
