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Erbie Today’s Market Analysis and Trading
Oscillating slightly bullish, momentum weakening, building strength at high levels; $2,350–$2,400 narrow range consolidation, waiting for a breakout
◦ Long positions: Buy on dip around $2,330–$2,340, stop loss at $2,290, target $2,400–$2,450
◦ Short positions: Resistance at $2,400–$2,420, try shorting with small size, stop loss at $2,460, target $2,350
◦ Watching: Do not chase high or take large positions before breaking the range
The above analysis is for reference only and does not constitute investment advice.