🔥April 12th, Double Coin Public Strategy

Double Coin surges to a high and then crashes! The bulls' counterattack is abruptly halted, and the bears immediately reverse and crush, with the rally fully retraced!
From the peak of 2329.85, a waterfall sell-off of nearly 120 points, a sharp plunge on the 15-minute chart, with support levels at 2300 and 2280 collapsing under the selling pressure of the bears!

💥Core signals are at maximum:
Massive sell orders rush to escape, net capital outflow reaches 76.87 million, buying momentum is weak, open interest and trading volume increase simultaneously, panic selling triggers a stampede, and the 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 the zero line, green bars continue to expand, and the bearish trend strength is fully realized!

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