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#美国就业数据不及预期 1000PEPE this recent rebound is a bit weak, with buying pressure clearly weakening.
My judgment is that this is a good shorting opportunity:
Entry range: 0.0066-0.0068
Stop loss set at: 0.0070
First target: 0.0061
Second target: 0.0056
Why this layout? The price just entered the previous supply zone and got stuck, not continuing to push higher. Looking at the minute-level K-line, you can clearly see multiple upper shadows being pushed back, and the trading volume is weakening each time. This kind of movement usually signals that the main force is distributing at high levels, not a sign of continued rise.
Also pay attention to the trends of $RIVER and $BEAT, which are showing similar weakness under similar technical patterns. Before and after the US non-farm payroll data, the selling pressure on risk assets has indeed increased.
This shorting opportunity is worth watching 👇