🔥12 April Double Coin Public Strategy

Double Coin surges to a high and then crashes! The bullish rebound suddenly halts, the bears immediately reverse and crush, and the rally results are fully retraced!
From the peak of 2329.85, a waterfall sell-off nearly 120 points, 15-minute high-level plunge, support at 2300 and 2280 is directly shattered by the selling pressure!

💥Core signals are at full strength:
Massive sell orders rush to escape, net capital outflow of 76.87 million, buying momentum unable to support, open interest and trading volume increase simultaneously, panic selling triggers a stampede, downward momentum is directly ignited!
Moving averages form a death cross and turn downward, the price directly breaks below MA7 and MA30 support levels, MACD confirms a death cross below zero line, green bars continue to enlarge, the bearish trend intensity is fully realized!

🎯Trading advice:
Follow the trend and short, if the price rebounds to the 2240-2260 range, add to short positions, target 2200-2180.
If the rebound stabilizes above 2270, then abandon short positions, beware of oversold conditions inducing a false rally.
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