Er Coin Analysis

Er Coin current price is 2246, mainly following a rising-then-falling-back rhythm for high entries. Relying on the BOLL middle band at 2229 to push upward but unable to break through the upper band at 2275’s strong resistance, the bulls’ ability to push upward has been exhausted. With the neutral KDJ indicators in sync with the rising-then-falling-back K-line, it confirms that a short-term pullback cycle has started. Currently stuck near the upper range of the 2230-2265 sideways oscillation, forming a “weak upward push” pattern. In line with the trend, remember to closely watch the main Coin linkage—if the main Coin rises sharply and drags Er Coin down as a result, you need to immediately give up short positions to hedge risk.

Trading suggestions:
Go long at 2260-2290, target 2180-2100.