Hang Seng trapped in cloud at 25,050-25,650: Live levels

The article is a technical market update on the Hong Kong 50 index, highlighting indecision and a near-term range-bound setup. Price is trapped inside the Ichimoku cloud and a descending channel, with bulls defending the long-term uptrend while bears cap gains near resistance. Key levels are 25,050 support and 25,650 resistance; a break below support could open a move toward the 200 SMA near 24,599, while a close above 25,650 may trigger an extension toward 26,000. Momentum is mildly improving via MACD, but volume remains flat and the broader setup suggests choppy trading until a decisive breakout or breakdown occurs.