On the 1-hour chart, after the price surged to 3266, it now shows signs of stagnation and a pullback trend. Technically, the MACD has formed a death cross, the histogram is below the zero line, volume has decreased, and the RSI indicator is in the overbought zone. Technical indicators urgently need correction.
Personal suggestion, for reference only (strictly set stop-loss) Erbing can be positioned around 3235-3260, with targets at 3150-3100
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1.6 Tuesday Noon Erbing Silk Road
On the 1-hour chart, after the price surged to 3266, it now shows signs of stagnation and a pullback trend. Technically, the MACD has formed a death cross, the histogram is below the zero line, volume has decreased, and the RSI indicator is in the overbought zone. Technical indicators urgently need correction.
Personal suggestion, for reference only (strictly set stop-loss)
Erbing can be positioned around 3235-3260, with targets at 3150-3100