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February 17, 2025 07:51:57
Through this period of volatility, after the buy appeared at the previous level of 91231, up to today, the trend has been consistently forming higher highs and lower lows, with a downward trend of lower lows. Yesterday, hoping for a daily golden cross to appear, the death cross on the four-hour chart shattered the dream of a daily golden cross.
Morning selling pressure, daily and weekly candles closed lower, 6-hour MACD crossed bearishly, and 1-hour chart is opening up after the death cross, indicating a potential further downside continuation. Look for support!!
Bearish, support at 9w,
Resistance level 97700