Pancake 🫓 Four Hour Analysis

Current price level 104,880, short-term MA(7) and MA(25) are sticking in the range of 104,792-105,152, indicating a tug-of-war among bulls. The upper level of 106,860 (MA99) is a strong resistance level, a breakthrough is needed to open up space.

Operational thoughts:

- Current price can try to go long with a light position, stop loss at 104,500, target at 105,800

- If it breaks below 104,500, reverse to short and target 103,700

- Insufficient volume, do not take heavy positions, enter and exit quickly

(Recent market has been volatile, take profit and run, don't get stuck) #加密市场回调