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9.20 midday thoughts
After recently dipping to 115049, the pancake has stopped falling and rebounded, with the daily chart showing five consecutive bullish candles, indicating a relatively solid overall bullish structure.
Currently in a volatile upward channel, but facing selling pressure above in the short term, with strong support below. It is expected to enter a phase of narrow consolidation.
Operation Suggestions:
The pancake is hovering around 115000, target: around 116000-116500.
The secondary wife is hovering around 4450, targeting 4500.