Midday Double Coin Strategy

The recent fluctuations of the Double Coin have been quite distinct, with two bullish candles earlier pushing prices higher, now followed by a large bearish candle that directly dumps and pulls back. Currently, the Double Coin has broken below the flag pattern structure and also lost the key support at 2345, indicating a short-term bearish trend, with a high probability of further decline toward the 2298 support level.
If the 2298 support holds, the short-term market will stabilize and stop falling; once this level is broken with increased volume, the 2250 support below will be tested, and the hourly technical pattern will be completely damaged, further releasing bearish sentiment.
The current zone between 2345–2362 (the lower edge of the flag) is the core resistance area. Only by regaining this zone can the decline be halted; returning inside the flag pattern is necessary to generate rebound momentum, otherwise the weak trend will continue.

Trading Suggestions:
• Break above 2334 with volume, go long on the right side, and set a proper stop-loss;
• Break below 2308 with volume, follow up with a short position, and strictly control risk;
• Confirm support at 2256 on a pullback, consider light long positions; if it breaks below 2217, exit decisively with a stop-loss;
• If the hourly chart stabilizes above 2334, target the upside at 2378–2400;
• When reaching 2400 above, consider short positions; if volume breaks through 2425, exit with a stop-loss;
• Left-side order placement idea: place long orders at 2200, with a stop-loss if it falls below 2171.
• If the 4-hour level breaks below 2300, the downward target is the 2257–2232 range.

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