Friday Morning Double Bottom Silk Road



On the 1-hour chart, after the price tested the 3000 level, it has now pulled back for correction. However, the double bottom remains in an upward oscillation. Technically, the MACD green bars continue to expand, and the EMA monthly line provides strong support against the price. The overall strategy today remains primarily cautious.

Personal suggestion, for reference only (strictly set defensive levels):
The double bottom can be around 2980-2960, with a target of 3000-3050.
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