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5.13 Double Coin Public Thinking
Market Analysis
Currently, Double Coin is oscillating around 2293 with a slight upward bias, short-term bullish momentum continues, overall favoring a low buy on the trend, cautious about chasing gains at high levels.
From the 15-minute timeframe, the upper band of the Bollinger Bands is continuously opening upward, with the price steadily rising along the upper band. The early session saw a dip to 2255 and then a steady rebound, indicating a clear short-term bullish rhythm. The middle band of the Bollinger Bands is moving upward consistently, providing support to the price, with sufficient rebound momentum.
Key Levels
Resistance: 2300-2305
Strong Resistance: 2315-2320
Support: 2285-2280
Strong Support: 2270-2265
Trading Suggestions
If the price pulls back to around 2290-2295 and stabilizes, consider following the upward trend:
🚀 First target: 2305-2310
🚀 Second target: 2315-2320
If the price fails to stabilize and rebound near 2270, and volume increases with a break below 2265, adjust your strategy accordingly to short.
#美国4月CPI上涨3.8% #比特币市占率回升至58.5% $ETH $GT