3.18 Morning Market Analysis



From the 15-minute chart perspective, after the previous rally reached 74850, the price faced selling pressure and declined. A large bearish candle broke directly below the Bollinger Band midline at 74420, indicating clear exhaustion of bullish momentum. The current price has approached the Bollinger Band lower band at 73936, with a clear short-term bearish trend signal established.

Trading Suggestion

Short 74400–74900, target 73900–73500
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin