The pancake is currently in an uptrend, and technically it looks very stable—both price and trading volume are rising, and the moving averages are in a bullish arrangement, indicating a clear overall bullish signal. However, it is important to note that the current price is approaching the strong resistance level of 91839, and the RSI indicator is already overbought, so a correction may occur later.
Short at 91500-92000, target 89500-88500
Short near 3050-3100 for two contracts, target 2980-2930. $BTC $ETH
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11.27 midday analysis 📈
The pancake is currently in an uptrend, and technically it looks very stable—both price and trading volume are rising, and the moving averages are in a bullish arrangement, indicating a clear overall bullish signal. However, it is important to note that the current price is approaching the strong resistance level of 91839, and the RSI indicator is already overbought, so a correction may occur later.
Short at 91500-92000, target 89500-88500
Short near 3050-3100 for two contracts, target 2980-2930.
$BTC $ETH