Candied orange prices retreat from high levels, intensifying the bullish and bearish battle
Currently, the price of candied oranges is 89,300. After spiking to 90,300 last night, it quickly pulled back, returning to the previous fluctuation range. Although there are signs of bottom divergence, overall bearish sentiment remains strong, and it is likely to consolidate below 90,000 this week.
From a technical perspective, the daily trend is weak. The key resistance level of the EMA is at 91,500, and the 90,360 level also forms short-term strong resistance. The MACD indicator continues to shrink d
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