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May 4th Xiao Yue's Double Coin Analysis
Double Coin has stabilized after a low point near 2297, and has been steadily rising with oscillations, showing a stable upward trend overall. During this period, the pullback was small, and the buying support was strong, indicating a very clear bullish trend. Recently, there was a noticeable volume-driven rally, with the price directly breaking previous highs and reaching above 2383. The upward momentum is strong, suggesting continuous capital inflow and pushing the price higher. Currently, the price remains above a high level, in a strong upward trend, with a clear bullish dominance. The short-term momentum for further upward movement is still present.
Trading Suggestions:
Gradually enter long positions within the 2300-2340 range, targeting the 2390-2430 zone.