1. First resistance at 28,500: Recently a high-density trading zone; it’s the first hurdle for a short-term rebound.

2. Strong resistance at 29,000–29,200: Multiple moving averages cluster here; if it can’t continuously hold above, the rebound will end.

3. Major resistance at 29,700–30,000: The starting point of this round of correction; only by regaining it can it return to an uptrend.

Support levels (from near to far)

1. Short-term support at 28,050–28,100 (last Friday’s low), the top priority. A confirmed breakdown will open further downside room.

2. Secondary support at 27,500.

3. Medium-term strong support at 27,000 (around the 200-day moving average), the lifeline for bulls in this round.
Manage your position well and move forward steadily—you’ll have a sure, smooth kind of happiness.