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Script Prediction and Strategy for Wednesday, December 3, 2025
This week, the long and short points we provided fluctuated nearly 600 points, and everyone has benefited.
After Monday's drop, we saw a second test of the daily downtrend line. The price broke below it quickly but then recovered and retested without breaking down.
Yesterday's rebound went straight to around 3030 and tried to establish support there. The buying volume during the rise far exceeded the selling volume during the fall, and there hasn’t been any pullback yet. The price is just consolidating around 2970-3030.
So, we have every reason to be bullish.
We are mainly watching two levels:
- Near 2970 below: We can try to go long directly here. If it doesn't reach this level, go long at market price with a stop below 2970.
- Resistance is around the previous high at 3080: If this is broken, we will ignore other resistance levels and target around 3250 directly.
For today and tomorrow, the probability is high for continued upward movement. Expect a pullback on Friday, and range-bound movement over the weekend, which would complete the weekly downtrend reversal.
Another possible scenario is a shakeout within the 4-hour range of 3120-2700. I lean more toward this scenario, as market makers are unlikely to let so many retail traders catch the northbound train easily.