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Direction: Cautiously go long (trend is leaning bullish, but facing previous high resistance, wait for confirmation signals)
Entry timing:
Aggressive strategy: If the price retraces to 80,500-80,250 (the area where MA5 and support level S1 overlap) and a 1-hour pin bar or bullish engulfing pattern appears, can enter in batches.
Conservative strategy: Wait for the price to volume-break above 81,498 (R1) and stabilize before chasing long positions, confirming the breakout's validity.
Stop-loss setting:
If entering in the 80,500-80,250 area, set the stop-loss at 79,500 (below S2, about -1.2%).
If chasing after the breakout above 81,498, set the stop-loss at 80,800 (above the previous consolidation platform, about -0.85%).
Overall, keep stop-loss within 1-2%, as ATR=478, indicating high volatility, requiring strict risk control.
Target prices:
First target: 82,000 (near R2, approximately 1.2%-2% gain).
Second target: 82,700 (near R3, approximately 2.8%-3.5% gain).
If the potential profit is less than 3%, abandon the trade and wait on the sidelines.