Midday Double Coin Trading Idea



For the double coin to restart a strong upward trend, it must break through and stabilize above the 2380 level with increased volume, in order to challenge the previous high of 2423;
As long as the overall double coin stays above the bullish trend line of 2343, the outlook remains generally bullish;
Once the trend line is effectively broken downward, the 2325 support will also be lost accordingly, and a deep pullback will then begin.

Trading Suggestions:
If the rebound touches 2464, you can short accordingly; place the stop loss at a break and close below 2500, then exit.

On the hourly timeframe, once it effectively holds above 2381, the bulls can look toward targets 2400—2423.

On the 4-hour timeframe, if it breaks below 2343 on increased volume, the subsequent downside will look at the 2296—2260 support zone.

A volume breakout above 2380 suggests chasing longs on the right side, and then reclaiming the stop loss;

A volume breakdown below 2245 suggests following with a short on the right side; be sure to set a stop loss;

If it retraces to 2309 to confirm that support has stabilized, you can set up long positions, with a defensive stop loss at 2277.$ETH
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