April 13 BÌng Biscuit Market Analysis

Golden cross appears below the 0-axis, which is a weak rebound signal, but it also indicates that bearish momentum has largely exhausted, and the bulls have begun to counterattack;
The red histogram has just appeared and shows no obvious shortening, which means short-term buying pressure is strengthening, and the need for technical repair after oversold conditions is urgent.
Combined with the prior sharp pullback from the 2329.99 high, the BÌng Biscuit’s oversold drop has been sufficient, and the rebound has enough room to be supported.
Key support level: the strong support around 2173 forms a solid safety cushion.
The chart clearly shows that 2173 is the 24h low plus the prior declining low point, which is the core strong support of this leg of decline:
Price has probed below 2173 multiple times without effectively breaking through it, forming a “double bottom/multiple bottom” pattern, with strong bullish defense;
This level is the critical point for market sentiment, with an extremely low probability of breaking down, and very small risk exposure for going long.

Trading suggestions:
First target: 2230
Second target: 2300