Auntie's Midday Technical Analysis The price has been dropping for the past two days, forming clear bearish candles. Today, it dipped to a low of around 2812, marking a new recent low. The morning session showed weak consolidation, with insufficient rebound strength, and the closing price remained below the critical EMA120 moving average. The MACD death cross continues to expand, with a noticeable increase in the red bars below, indicating that bearish momentum is still strengthening. The RSI value is at 21.3, entering the oversold zone, but it hasn’t stayed in this area for long, so a short-term rebound could happen at any time. EMA7, EMA30, and EMA120 are all diverging downward in an orderly manner, clearly indicating pressure on the mid-to-long-term trend, which continues to decline around the 2825 level.