$ZHIPU This price action is pretty interesting. The moving averages are beautifully aligned in a bullish formation, but the RSI has shot straight up to 86—this bearish divergence is no joke. Funds are indeed continuing to flow in, and the MACD is also positive, but the risks of chasing prices higher are obvious.
The support level is around 83.4. If the price can hold there, the bullish structure could continue. But if it falls below 82.6, the current thesis no longer holds. The 85.8–87.7 range is resistance, so be cautious of a pullback each time the price reaches it.
The long-short ratio shows that bulls are retreating, which is not a good sign. At this level, it’s better to wait for a pullback and look for an opportunity rather than chase a long position.
For market observation and conditional scenario analysis only; this does not constitute a record of any trading activity.
$ZHIPU #合约 #熊市 #Market Analysis
The support level is around 83.4. If the price can hold there, the bullish structure could continue. But if it falls below 82.6, the current thesis no longer holds. The 85.8–87.7 range is resistance, so be cautious of a pullback each time the price reaches it.
The long-short ratio shows that bulls are retreating, which is not a good sign. At this level, it’s better to wait for a pullback and look for an opportunity rather than chase a long position.
For market observation and conditional scenario analysis only; this does not constitute a record of any trading activity.
$ZHIPU #合约 #熊市 #Market Analysis
