Evening Double Coin Trading Idea



The 2-hour chart of Double Coin has re-established itself above the trend line, indicating a short-term rebound. But the key focus is on volume structure: this rebound has been entirely on decreasing volume, with extremely low trading activity, and the range is filled with weak small bullish candles. The bullish and bearish directions are ambiguous, and this oscillating K-line pattern does not provide a clear strength reference.

Currently, the 1-hour chart faces the core resistance level at 2339. Only a strong breakout with increased volume can open up upward space for the bulls. The subsequent target zones are 2377–2395 resistance area. Only if the price fully stabilizes above this zone can there be momentum to challenge the previous high.

Conversely, if it faces resistance and falls back, dropping below the trend line again, the market will weaken once more. The support level at 2282 will face testing, and if it is broken, the bearish risk will continue to escalate.

Key signals for short-term trading:
✅ 1-hour chart with volume breaks above 2337, follow the trend to go long on the right side;
✅ 1-hour chart with volume drops below 2318, follow the trend to open a short position;
Monitor volume changes closely throughout, strictly control stop-loss to manage risk.
If the 1-hour chart stabilizes above 2337, the bulls will continue to push higher, targeting 2377–2395.
$ETH
ETH1,62%
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