Good afternoon brothers #NFT板块领涨 , yesterday morning Lao Gu mentioned in the post about the big pie MACD divergence pattern, indicating that the market is about to decline. This morning, the big pie dropped to the position of 11.58, which is also the support level of 11.56 we mentioned last week.
From a technical perspective, the big pie is still in a daily correction trend, leaning towards a bearish market. From the hourly chart level, the coin price is running at the position of 11.76, currently showing a small-level rebound. Pay attention to the resistance level of 11.84 above and the support level of 11.56 below. Only if the coin price breaks below 11.56 will it further explore downwards, with the next target at 11.12.
Operation suggestion: When the coin price rebounds to the level of 11.82, enter a short position and defend at 11.88, then look for 11.65.