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4.20 Morning Big & Small Cake Analysis
Big cake faced resistance around the 76,200 line last night and pulled back. The bullish momentum failed to continue, and the price oscillated downward. This morning’s early hours saw the lowest touch around 73,700. On the hourly timeframe, there were consecutive bearish closes; volume released in a moderate manner, indicating that short-term profit-taking pressure is still present. It is expected that during the day it will enter a consolidation and repair phase.
Trading Suggestions
Big cake: do it near 73,000-74,000, with targets at 74,500-76,000
Small cake: do it near 2,240-2,270, with targets at 2,320-2,360
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