Pal Market Daily Report — June 26

Figure 1: Daily Chart
1) After sweeping 59 here, it is currently hovering above 59. I think if the closing price is above 59 in the next two days, it will be bullish.
First target is 632 eq, then range-H 672.
2) As repeatedly mentioned, short-term 58 has been reached. There is not much long liquidation below, accumulation is needed, and 58 also has a large amount of ultra-low liquidity.
So the probability of an upward move is relatively high, or more straightforwardly, continue the 59-67 range oscillation. After the current sweep, it is leaning towards a range-upward oscillation.
3) It's the weekend, US stock market is closed. Let's see if something happens.
Figure 2: Hourly Chart
1) A converging triangle is forming here. Based on the liquidation data, I personally am leaning bullish.
First target is to sweep the liquidity above.