The double bottom has formed a long bullish candle with increased volume on the 4-hour chart, directly breaking through the upper space. It also effectively broke through the previous key resistance level at 3310, signaling a clear shift from weak to strong structure. Currently, the moving average system is beginning to turn upward, and technical indicators are simultaneously recovering, with short-term bulls taking the lead.
Since the trend has already changed, there is no need to operate against the trend; just follow the trend to participate. Pay attention to the price retracement and test of the support around 3300 for confirmation. After stabilizing, consider entering long positions, with the initial target at 3400, and further watch the 3450 area.
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The double bottom has formed a long bullish candle with increased volume on the 4-hour chart, directly breaking through the upper space. It also effectively broke through the previous key resistance level at 3310, signaling a clear shift from weak to strong structure. Currently, the moving average system is beginning to turn upward, and technical indicators are simultaneously recovering, with short-term bulls taking the lead.
Since the trend has already changed, there is no need to operate against the trend; just follow the trend to participate. Pay attention to the price retracement and test of the support around 3300 for confirmation. After stabilizing, consider entering long positions, with the initial target at 3400, and further watch the 3450 area.