The daily chart for the pancake rose from around 105000 yesterday to a high of around 109700, closing at approximately 108800. The support level is near the MA7 moving average; if it breaks below, it can be expected to reach around the MA60. A pullback can be used to enter long positions nearby. The resistance level is around 109600; if it breaks through, it can be expected to reach around 110600. The MACD shows bullish momentum. The support level on the four-hour chart is near the MA30; if it breaks below, it can be expected to reach around the MA200. A pullback can be used to enter long positions nearby. The MACD bullish momentum is $BTC .