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The current price is around 2257, stabilizing above the short-term 7-period EMA, indicating a short-term stabilization after a decline, with 2236 serving as a strong intraday support level. The price is not moving downward below this level, forming a low-range oscillation and correction trend.
The upper resistance is at 2258-2260 (EMA25). If the price holds above this level, it will attempt to test the 2273 level;
The 99-period moving average at 2269 is trending downward overall, indicating the main trend remains weak. The rebound is a weak correction, not a reversal.
Evening trading strategy:
A light position can be taken on a pullback to the 2245-2250 range, aiming for 2260-2270;
If the support at 2236 is broken, the weakness will continue downward, with the overall trend leaning towards oscillation and bearish pressure, so avoid chasing high.
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