4.24 Midday Pancake Operation Analysis

The road to success is not crowded because there are not many who can persevere until the end. When you want to give up, please tell yourself to hold on a little longer, as often it is this little persistence that brings you one step closer to your dreams.

The pancake is in a narrow range of fluctuations and adjustments, and there will not be significant volatility in the short term!

After a series of daily structure increases, it has entered a stage of long and short contention. Although the pullback is within the normal correction range and does not damage the trend structure, it provides an opportunity for a short squeeze. After a temporary bottoming out, the rebound momentum may continue. The MACD red bars are continuing but the momentum is weakening, and the RSI indicator has fallen back to the neutral range, indicating a need for technical adjustments; however, the medium-term trend remains unchanged. After a slight decline at the 4-hour level, a small rebound has recovered some lost ground. The bullish watershed (Bollinger Band middle track) has not been broken, and the price drop has not effectively penetrated the middle track, supporting the bullish logic. The overall moving average system has shifted to a bullish arrangement, further strengthening the upward expectation. The daily bullish trend and the 4-hour level rebound resonate, with the pullback correction actually serving to build further strength. In terms of operation, it is recommended to focus on going long on pullbacks, while paying attention to the volume-price relationship and indicator signals (such as a shrinking MACD red bar on the daily chart, KDJ golden cross on the 4-hour chart, etc.) to judge the sustainability of the rebound, while also being cautious of volume-price divergence and false breakout risks.

Operation Suggestions

Today, focus on the 92500-94500 area, and operate back and forth in this area.

Long near 92500 Target 94000-94500

Short near 94500 Target 93000