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4.18 Big Cake—1-hour timeframe view
Bullish momentum has clearly weakened due to a MACD death cross. The price pulled back from the high and is now ranging near the middle band. 75800–76100 is the double support of the Bollinger Bands’ lower band, and it’s a key defensive level for the bullish trend. If the retracement does not break this range, it means the bullish trend is still in place.
🚨 Trading recommendations
Short-term idea
Consider entering at 75600–76200, aiming for a 1,000-point rebound
Only if you can endure the range, can you hold the trend
Market moves up and down are normal; keeping your head cool is what lets you win to the end
Brothers who haven’t been following yet, remember to hit follow
If you don’t have the talent, then you have to learn to follow
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