5.13 Morning Jiangyu Heng Auntie's Thought Process


Currently, Auntie continues to oscillate at high levels with a slightly weak trend, the bullish trend has not yet broken, but the upward momentum has clearly slowed down. The pressure in the 2330-2380 range above is quite heavy, and multiple attempts have been met with resistance and pulled back.
The core support below is concentrated in the 2260-2280 range, and it is highly likely to first test and confirm support today, then observe the rebound strength.

Trading strategy:

If the price pulls back to and stabilizes in the 2260-2280 range, consider a small position to try long positions.

Short-term defense level: 2255 (be alert to the risk of a pullback if broken)

Target reference: 2310-2330, after breaking through, look near 2350

High-level volatility is quite large, be sure to control position size, implement good risk management, avoid chasing highs, and avoid holding large positions. #Gate广场五月交易分享
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