Analysis of Ideas on the Morning of November 6



The current market is in a low-level consolidation phase, with prices gradually approaching the key support level of 98888.8. From a technical perspective, a hammer candlestick signal has appeared recently, indicating a possibility of a rebound, but the moving average system is still in a bearish arrangement. Meanwhile, market trading volume is insufficient, and the relationship between volume and price remains unclear; close observation of future volume expansion is needed to confirm the validity of the support.

Switching to the 1-hour chart analysis, there is clear resistance around 113800. Currently, the MACD energy bars are starting to shrink, the price has reached the upper Bollinger Band pressure zone, and the MACD fast and slow lines are about to form a death cross. It is recommended to focus on shorting on rallies during the early morning hours, and it is essential to strictly adhere to stop-loss discipline.

It is recommended to short when the price rebounds to around 104100-104800, with a target down to 102800-102000. If it breaks below, continue to look down to 101000.
#广场发币瓜分千U奖池 #参与创作者认证计划月领$10,000 #十二月降息预测
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