Dahui 15-Minute K-Line Chart Analysis
$SIREN
1. Moving Average Patterns: The short-term MA7 (yellow line) and MA25 (purple line) both show a downward trend, and the price has fallen below these two moving averages, indicating a weak short-term trend.
2. Support Level Observation: The price is currently at a critical point of 0.2205, with the nearest support being MA99 (purple long line, about 0.1788). If it can hold the range of 0.20-0.21, there may be a chance for a rebound.
3. Trading Volume: Recent trading volume has not shown significant expansion, indicating that the current selling pressure during the decline is not extreme, but there is also a lack of active buying signals.
4. Short-term Momentum: Since the drop from the high point of 0.3888, the price is in a correction phase. Without clear stabilization signals (such as long lower shadows, bullish engulfing patterns, etc.), the risk of directly going long is relatively high.
Dahui Trading Strategy Recommendations
• Do not blindly chase long positions: Before the price effectively stands above the MA25 moving average (0.2638), a more prudent approach is to wait for a correction stabilization signal, such as a rebound near the support level accompanied by increased volume.
• Conditions for Conservative Long Positions: Pay attention to whether the price can gain support in the 0.20-0.21 range and form a reversal pattern. At that time, consider light positions for going long, with stop losses set below recent lows.
• Risk Warning: Contract trading carries extremely high risks. Position size must be strictly controlled, and stop-loss measures should be in place.
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