Early Morning Thoughts
Direction: Cautiously bullish Reason: Short-term technical indicators (MACD golden cross, bullish alignment of moving averages) resonate with capital inflow, but be wary of medium to long-term capital outflow pressure. Entry Timing: Aggressive: Enter with a light position at the current price of 113784.30 USDT. Conservative: Increase position after breaking 114283.53 USDT (R1) and confirming a pullback. Stop Loss Setting: Support at 112306.03 USDT (S1), stop loss set at 111800.00 USDT (approximately 1.7%). If it breaks R1 and then pulls back, move the stop loss up to 113500.00 USDT (0.7%). Target Price Levels: First target 115270.16 USDT (R2, a gain of 1.3%). Second target 116261.03 USDT (R3, a gain of 2.2%), if momentum continues, hold until near MA120 (116043.49).