5.12 Double Coin Public Thinking


Market Analysis
Currently, Double Coin is oscillating near 2314 at a low level, with short-term bearish momentum continuing. The overall strategy is to primarily short on rebounds and buy on dips.

From the 15-minute Bollinger Bands, after the price broke below the middle band, it continued to decline. It is now trading near the lower band, with the Bollinger Bands opening downward, indicating a clear short-term bearish trend and weak rebound strength. The early session dipped to a low of 2292.94, with a slight rebound, but the weak trend remains unchanged, and resistance above is still obvious.

Key Levels
Resistance: 2325-2330
Strong Resistance: 2340-2345
Support: 2300-2295
Strong Support: 2290-2285

Trading Suggestions
If the rebound stalls around 2320-2325, consider following the downward trend:
🚀 First target: 2300-2295
🚀 Second target: 2290-2285
If the price rebounds and stabilizes above 2340 without clear signs of stall, adjust your strategy accordingly and switch to following the bullish trend.
#特朗普5月13日访华 $ETH $BTC
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TheStrategistWhoFightsBack
· 11h ago
Already redeemed 😁
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