20 days ago, I provided a long position entry, 10 days ago I entered the market, and today I have partially reduced my position for defense.

• First Support (Intraday Weak Support): $8.8 - $9.0
A recent area of repeated consolidation with high trading volume, also an initial short-term support level within the day. If it breaks below and quickly recovers, a weak short-term rebound may occur.

• Second Support (Strong Technical Support): $8.0 - $8.2
The lower boundary of the previous consolidation range, overlapping with multiple short-term moving averages, indicating reduced selling pressure and serving as the core defensive zone for the bulls.

• Third Support (Extreme Strong Support): $7.0 - $7.5
A level that has seen multiple rapid rebounds after recent dips, representing a strong technical support. If broken, it will likely open a new downward space.

🎯 Core Resistance Levels (from bottom to top)

• First Resistance (Intraday Rebound): $9.8 - $10.0
The area where yesterday’s rebound was met with resistance, also a short-term bull-bear dividing line. Failure to hold this level will likely lead to continued consolidation and decline.

• Second Resistance (Psychological Barrier): $10.5 - $10.8
An important psychological threshold. A strong breakthrough could test higher resistance levels.

• Third Resistance (Previous Strong Resistance): $11.5 - $12.0
Multiple previous rebound highs during the decline phase, also an area of moving average resistance. Breaking through this level would open further upside space.