# TC 67200-67500 Iron Bottom Established, Rebound About to Trigger

## Core Analysis (Yesterday's Review)

Yesterday the 68000 support level broke, and prices tested down to 67360 for a rebound—this is the expected second bottom test. The 67200-67500 extreme support remains effective; this is not a trend reversal, just deepening consolidation.

## Key Resistance Levels

• **First Resistance:** 69000-70000 (short-term moving average pressure + yesterday's rebound high; stabilization confirms rebound extension)

• **Second Resistance:** 70800-71500 (daily-level trend resistance; breakout opens upside space)

• **Ultimate Target:** 72800-73200 (trend line resistance zone; volume breakout could reach higher levels)

## Trading Strategy

### 1. Long Position Setup (Core)

• Enter longs in batches at current 68000-68500 range with stop loss below 67200; target first 69000, then 70800 on breakout

• If price retests near 67500 and stabilizes, can add to long position; maintain strict position sizing and avoid chasing highs

### 2. Short Position Test

• On rebound to 70800-71500 facing resistance and pullback, light position short with stop loss above 72000; target 70000 level

• Avoid chasing shorts; focus on selling rebounds at resistance

## Market Logic

67200-67500 is strong support; holding here means rebound extends; if broken, watch 66000 level. Near-term focus: 69000 long/short battle—breakout opens rebound space.