Little Yellow Fish and Big Pancake Noon Analysis

Big Pancake 12-hour Bollinger Bands are opening up. After breaking above the middle band, the upper band at 89500 faced resistance and pulled back. There is heavy selling pressure above! Even if the Bollinger Bands remain open during the day, the previous high at 90500 acts as a strong resistance, locking in the upward space and making effective breakthroughs difficult. The same applies to the second pancake.

The 4-hour chart is also opening up simultaneously. After a large bullish candle in the morning pushed up, it encountered resistance at 89500 and pulled back, with bullish momentum directly exhausted. Although the 87500 middle band below provides support, the 4-hour MACD is bearish and RSI is approaching overbought levels. The rebound is only a short-term correction, and the overall trend remains bearish with limited rebound strength.

Big Pancake Trading Advice: Range 89500-90000, target down to 87500-88000.
Second Pancake Trading Advice: Range 2990-3030, target down to 2920-2860.