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August 18 OKB analysis opinion:
The price fluctuates repeatedly between support and resistance levels, and a breakout has not yet emerged. On the technical side, although the moving average system shows a bullish arrangement, a significant reduction in trading volume has caused a divergence between price and volume, making it difficult for upward momentum to be released. Additionally, although a bullish engulfing pattern has appeared in the short term, the signal of weakening momentum indicates that the rebound space is relatively limited.
Operation Suggestions:
Short around 112-115, the target needs to be judged by yourself, and be sure to strictly manage risk.