Midday Double Bottom Trading Ideas

If the 4-hour level effectively breaks below 2166, the subsequent decline targets the 2218–2175 range.
The current double bottom trend is relatively weak, moving within a descending channel with a stepwise decline, and has already broken below the key support at 2300.
The short-term trend favors further downward movement toward 2250.
Once volume increases and it breaks below 2250, the bullish structure on the hourly chart will be completely invalidated, and the market is likely to continue falling toward 2218 to look for a bottom.
If the price cannot hold above 2300, the downtrend will not end, and the rebound space is extremely limited.

Trading Suggestions:
• Volume breakout and stabilization above 2290, follow the trend to go long, and close existing short positions with stop-loss;

• Volume breakdown below 2263 with a failed rebound, follow the trend to go short, and strictly set stop-loss;

• Confirm support is effective on a pullback to 2220, lightly enter long positions, and cut losses immediately if it falls below 2180;

• On the hourly chart, hold above 2290, with rebound targets at 2315 and 2346;

• When reaching 2356 above, consider short positions, and if volume breaks through 2387, exit with stop-loss;

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