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The bullish logic of this round of market has been repeatedly validated, and now it’s time to implement.
From a daily chart perspective, the price stabilized at the mid-line key support level and then started to rebound, followed by five consecutive bullish candles, and today it directly broke through the upper band resistance of the daily chart. This breakout is not false — the bulls’ offensive is very fierce, the bottom support is solid enough, and the upward channel has been fully opened. In other words, the direction of this market trend is already very clear, and the initial upward probe has already started.
Looking at the four-hour chart, you can feel this momentum even more. A large bullish candle surged and broke through the upper band, with the moving averages below rising in sync, forming a standard bullish alignment pattern. The bulls’ strength is now fully unleashed, and the price is currently stabilizing around 93,000, with room to go higher.
If you want to participate in this trend, you can consider entering long positions on a pullback to the 91,800-92,100 range, with the target zone around 94,000-94,500. This level corresponds to a key historical resistance point and also aligns with the expected height of the current upward channel.
The market confirmation is strong, and if you miss this wave, you will have to wait for the next one.