Today's Early Market Analysis

Technical Reference for Entry: This range trading opportunity looks good

The current price is fluctuating in the range of 2.2968—2.3795, overall still showing a bearish trend, but there are signs of short-term stabilization.

Key Support: Around 2.30

The 1-hour level has dropped from a high of 2.6213 all the way to 2.2968, stabilizing around 2.3559, with clear signs of a stop in the decline.

Additionally, the RSI has fallen below 30 into the oversold zone, with rebound demand accumulating.

Two Buying Points:

First Point: Enter at 2.30 for a short-term rebound;

Second Point: Buy low at 2.25, which is the previous rapid decline's shadow support level.

Be conservative, set the stop loss at 2.22 to control the risk baseline.

Where to look for target levels?

First Selling Point: 2.40, which is the EMA30 resistance level, selling pressure may concentrate here;

Second Selling Point: 2.45, a whole number resistance. If it breaks through 2.40 with volume, there is a chance to challenge this level.

The short sell reversal point is above 2.45, with a stop loss at 2.48, and don't forget to control your position.

This is a standard post-decline oscillation repair structure, suitable for range strategy operations.

Do not chase up, do not fantasize about a trend reversal, just follow the technical signals and take advantage of the fluctuations in batches.

Now is not the time to hesitate, closely follow Long Shao to preemptively position for the main upward wave, enjoy the main course of the bull market, and don't eat leftovers!