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Midday Double Coin Trading Idea
For the double coin to restart a strong upward trend, it must break through with volume and stabilize above the 2380 level to challenge the previous high of 2423;
As long as the overall double coin stays above the bullish trend line of 2343, the pattern remains biased towards the bulls;
If the trend line is effectively broken downward, the support at 2325 will also be lost, and a deep correction will then begin.
Trading Suggestions:
When the rebound reaches 2464 above, consider short positions accordingly, with a stop loss at 2500 for a breakout.
Once the hourly level stabilizes effectively above 2381, the bulls' target is 2400—2423.
If the 4-hour level drops below 2343 with volume, the subsequent decline targets the support zone of 2296—2260.
A volume breakout above 2380 is a right-side long entry, with a trailing stop loss;
A volume breakdown below 2245 is a right-side short entry, be sure to set a stop loss;
If the price retraces to 2309 and confirms support and stabilization, consider long positions, with a defensive stop loss at 2277.