Early morning Silk Road direction: Cautiously go long


Core logic:
The large-cycle (daily and above) trend structure is intact (moving averages are in a bullish arrangement, and medium- to long-term funds are experiencing significant net inflows), which is the main basis for going long.
At the hourly level, there is short-term pressure from previous highs and technical indicators (KDJ death cross, approaching Bollinger upper band), indicating a need for short-term correction.
Therefore, it is not advisable to chase the high; adopt a "cautious long" strategy, waiting for a pullback to buy at lower prices.

1. Entry Timing
1. Aggressive: Price retraces to the support zone of 78,000-78,200; after the 1-hour candlestick closes with a long lower shadow or small real body and stabilizes, enter in batches.
2. Conservative: Breaks through strongly and stabilizes above 79,500; enter after a pullback confirmation.

2. Stop Loss Settings
1. Entry at support level: stop loss at 77,000, approximately 1.5% retracement.
2. Entry at breakout level: stop loss at 78,800.

3. Target Prices
1. Short-term: 79,700-80,150, with a profit of 2.0%-2.5%.
2. Medium-term: 80,800-81,000, with a profit of 3.3%-3.6%.

Note: This is a 1-hour level trading plan, with targets suitable for a 1-2 trading day cycle.
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