Current technical signals:

1. Price bounced from the bottom of 83,900

• There has been a fairly strong recovery from the bottom area with 5 consecutive green candles.

• However, the most recent red candle indicates that selling pressure has started to return as it touches the MA25 area (pink line).

2. Short-term MA is still sloping down

• MA7 and MA25 are still in a downward trend, signaling that the downtrend has not truly ended.

• MA99 is positioned high above -> Long-term downward pressure is still present.

3. Trading volume (Volume)

• Volume increased as the price recovered, but there are signs of weakening in the last 2 candles -> the buying side is starting to stall.

4. KDJ and RSI are recovering but have not broken out

• KDJ shows signs of crossing up, but is approaching the overbought area (J > 90) -> susceptible to correction.

• RSI is still below the overbought level but not strong enough to confirm a new uptrend.

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Suggested strategy:

• Do not Long right now as the price has just recovered and is facing strong resistance around MA25 (~84,400–84,500).

• Wait to Short if a confirming red candle appears in the 84,400–84,500 range, with a short stop loss above MA99 (~84,800).

• If you want to Long, wait for the price to test the support area of 84,000–84,100 and for clear buying power to emerge (increased volume, nice long-legged candles).

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In summary:

Currently, there is no clear signal to Long strongly. A cautious Short position in the 84,400–84,500 range would be more reasonable if a reversal signal appears.