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Last night, it broke upwards again, pushing the price towards around 1195.
This daily short squeeze and slow rise is really making it difficult for the bears, currently trading above 1190.
The Bollinger Bands are narrowing on the 4-hour chart, indicating that there will not be significant movements in the short term, while there is also resistance above. Therefore, we will treat it as a high short for the day.
Suggest to short 119300, 119800, target 117000.
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