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On the hourly level, although it temporarily holds the MA144 and MA169 moving averages, the upward slope continues to narrow, the support strength of the moving averages weakens, and in the MACD indicator, the rebound process shows only a brief narrowing of the green bars, while the red bars have not effectively enlarged, highlighting the divergence between price and volume under pressure.
Personal opinion, for reference only:
The pancake range is between 118300-118800, with a target of 116000 and 115300.
Aunt 3780-3810 range control, target 3700, 3630