Pancake 🫓 Evening Analysis
The price is being pressed by the moving averages (MA7/MA25 are all overhead), and the position at 10400 is still being tugged. Be cautious when going long:
1️⃣ If it stabilizes above 10400, a light position can be taken for a rebound, targeting 104700
2️⃣ If it breaks below the previous low of 103600 with increased volume, give up directly; the next support is at 102800
3️⃣ The market manipulators love to spike in the middle of the night, set a stop loss at 103500, do not hesitate
(Currently, the bulls lack volume; even when sneaking a trade, be sure to wear armor!)
