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Two Pancakes Evening Thoughts:
The trend is clearly in a downward channel with continuous lower highs and lower lows. Bounces face immediate resistance with bears in control. Price is running along the lower Bollinger Band with the middle band at 2170-2180 acting as strong resistance. KDJ shows blunting at low levels but bounces lack strength, indicating only an oversold signal rather than a reversal. Additionally, bounces lack volume with selling pressure persisting.
Two Pancakes:
Batch entry at 2160–2180. Targets: 2120 → 2080
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