Futures
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Gold
One platform for global traditional assets
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Hot
Trade European-style vanilla options
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CandyDrop
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SLP has recently performed remarkably well, with daily gains approaching 17%. From a technical perspective, the 15-minute chart shows a quite clear double bottom pattern, and the evening correction wave has basically ended. Now, the 1-hour chart has officially turned upward, with the potential to break through previous highs.
To participate in this trend, you can wait for opportunities around 0.00103. Risk management is crucial — set your stop-loss below 0.00098 to handle possible extreme shakeouts.
For phased profit-taking, the first target is 0.001075; after reaching it, you can reduce your position. The second target is 0.001085, continue locking in profits; the third target is 0.0011. If the third target is successfully broken through, the remaining position can be held further to aim for larger gains.