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March 17 Early Morning Analysis
On the daily chart, the price has launched a continuous rally after testing the Bollinger Band middle track, currently holding firmly above the 73,000 level and breaking through previous resistance. The convergence structure faces a directional choice, with mid-term upward momentum strengthening. The 4-hour short-cycle shows a continuous uptrend pattern; although some indicators have entered overbought territory, buying momentum remains undiminished, and the Bollinger Channel maintains an upward expansion stance, leaving sufficient room for subsequent upside.
Trading Recommendation
Buy on pullbacks near 72,800-72,300, targeting 74,000-74,600 on the upside, with further targets at 75,000 if breakout continues.
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