Buddies!

Keep a close eye on the short-term trend of Er Bing!

There is currently a divergence between price and volume, be careful of pitfalls!

Looking at the 4-hour chart, although the MACD has formed a golden cross, the trading volume is decreasing.

It continues to close with bearish candles, and the short-term pullback risk is very high!

Looking at the technical indicators, the RSI is in the neutral zone at 45, and the EMA7 is the intraday support level.

EMA30 and EMA120 are pressing from above, indicating an overall weak trend.

I have organized the trading strategies for everyone:

✅ Short Position: Enter in the range of 1845-1810, with a stop loss set above 1880.

Target towards 1780-1735.

✅ Long Position: Look for the right timing to enter in the range of 1720-1750, with a stop loss set below 1680.

Target towards 1800-1840.

The market changes rapidly, always set a stop loss and be cautious when entering!