TAO Market Analysis
From the K-line perspective, the market has undergone a secondary pullback at the daily level, with a bottom support level at 400. Although the market briefly fell below 400 in the short term, it was quickly pulled back today because the major players are also afraid that everyone will seize their chips at low prices. Since you all got on board, the major players will face pressure when they try to escape later.
From the MACD analysis: the fast and slow lines have crossed positively for the second time, and with the market showing three consecutive bullish candles, the trend has completely reversed, eliminating the need for a significant decline.
Position Building: 4202-430, Take Profit Level 1: 560, Take Profit Level 2: 720.
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