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Today’s share:
Last night, I was watching the chart and noticed unusual movement. I promptly notified an adjustment to the short-entry levels. If we short above 62000, then the lowest point came to 61200, which also matches expectations. At the moment, the chart has been pushed up by several thousand points due to news-driven momentum. If you want the long side trend to continue, you must hold above 62500. Otherwise, it will be difficult for the bulls to sustain the trend. This area is relatively easier to trade because it’s the dividing line between long and short. Below, 61200 and 60200 are support levels, so for now you can use a strategy of going long on dips from high points after shorting. The stop loss is very small.
Trading suggestion: Short in batches at 62000 and 62500. First take-profit level: 612000. If 612000 breaks, stop loss should be set around 60200 at around 62800.
Going long: consider around 59800, with a stop loss at 59000, and use a trailing take-profit.