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On the 15-minute cycle, the price completes a bottoming-out and rebound, tracing a clearly visible wave of repair and rebound, with bullish momentum gradually being released. The current price is trading above a key zone, and the short-term trend is shifting from weak to strong.
The core resistance level above is the previous high of 75,600; after breaking through, it is expected to open up further upside space. The key support level below is 7,500, which is the line that divides the strength and weakness of this rebound.
In terms of execution, if the price can hold above the support level, you can follow the move to look toward the resistance level; if the price breaks below the support, you need to be cautious that the trend may weaken and return to a ranging, consolidation-and-adjustment pattern. Overall, the current contest between bulls and bears is intense, and an effective breakout or breakdown at key levels will determine the subsequent short-term direction. #山寨币强势反弹