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5.7 Concubine Night Analysis Concubine High-Level Bullish Pullback, Bullish Opportunity Has Already Appeared
The concubine fluctuated around 2330 tonight, representing a healthy correction after failing to break above 2400, and the bullish trend has not reversed. The daily chart remains above the 50-day moving average, and the 4-hour indicator has fallen from the overbought zone to a neutral zone, which is a normal correction rhythm and not a sign of weakness.
Key support levels are concentrated around 2300-2280, which is a recent area where multiple rebounds have stabilized, and the support is strong. The short-term correction space is limited, and after stabilization, there is still potential for an upward rebound. The evening strategy is to buy on dips.
In terms of operation, consider entering long positions in batches around 2300-2285, with stops below 2250. The initial upward targets are 2360-2380, and once broken, it can go up to around 2420. Follow the trend and buy on dips to go long.
Trading Suggestions
Buy in batches on dips around 2300-2285
Target 2360-2400