Afternoon
20 Aug 2026
Afternoon (UTC+7 Indochina Time) UPDATE
After the price rebounded past $4,385, the direction turned positive. However, the strong surge led to an Overbought condition along with a Bearish Divergence on the 4-hour chart, requiring caution against chasing purchases in this area due to correction risks, though overall it remains a correction for further upside.
Investment strategy: Open long positions if prices correct down to the $4,450-$4,400 range (Stop loss if price breaks below $4,285).
Take profit if prices fail to pass $4,527; if it surpasses $4,527, delay selling until $4,575-$4,596.