The 4-hour price quickly rebounded from near the lower band, currently trading between the lower and middle bands. The short-term rebound momentum is continuing, with the middle band being the primary resistance level. The green bars continue to narrow, and the DIF line shows signs of turning upward, indicating that the bearish momentum is weakening, and the bullish strength is gradually accumulating.
Consort Queen Trading Suggestion: Pull back to around 2840-2790, then look up towards 2930-3050.
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January 26 Consort Queen Market Outlook
The 4-hour price quickly rebounded from near the lower band, currently trading between the lower and middle bands. The short-term rebound momentum is continuing, with the middle band being the primary resistance level.
The green bars continue to narrow, and the DIF line shows signs of turning upward, indicating that the bearish momentum is weakening, and the bullish strength is gradually accumulating.
Consort Queen Trading Suggestion: Pull back to around 2840-2790, then look up towards 2930-3050.