3.13 Morning Big Coin Analysis



From the 4-hour Bollinger Bands perspective, the price has touched the upper band multiple times and retreated each time, indicating significant resistance above. The middle band shows relatively flat movement, and we haven't seen obvious bullish momentum on the chart yet.

At the same time, the Bollinger Bands are gradually narrowing, a phase that often leads to false breakout scenarios. If the price rebounds to the area between the middle band and upper band, it would be more suitable to look for shorting opportunities instead.

Trading Strategy:
Consider shorting in the 71800—72500 range
First target around 69000.

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