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1.16 Morning Auntie’s Suggestion
Second Cake closely follows Big Cake’s oscillations, and overnight also experienced fluctuations. Currently, the high points are gradually moving downward, but no clear break below support levels has been seen. The current price hovers around 3304, remaining in a state of indecision between upward and downward movements.
From the four-hour chart, the Bollinger Bands are gradually narrowing, indicating that short-term upward momentum is weakening. The current price mainly moves between the middle and upper bands, with support near the middle band still solid. The market is temporarily confined within a narrow range of fluctuations.
In terms of trading strategy, it is not recommended to follow a one-sided approach for now. Continue to observe the breakout of the range boundaries, and adjust once the direction becomes clearer.
Operational suggestion: buy on dips around 3300-3270, with targets at 3380-3420.