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January 15
Currently, the Double Coin is in a consolidation pattern with an upward trend. The price is ranging between $3,314 and $3,359, showing an overall bullish trend. From a technical perspective, the price has stabilized above the short-term moving average, and the bottom is gradually rising, forming a bullish pattern.
Operational Strategy Recommendations
Long Strategy: You can consider entering a long position after the price stabilizes around $3,314 on a pullback, add on dips at $3,270, with a target of $3,366-$3,440. Be sure to set a stop loss when placing orders.
Short Strategy: Enter around $3,386, add on dips at $3,440, and always set a stop loss to prevent sudden sharp drops or surges.
Position Management: Be sure to manage your position size carefully, and it is recommended to keep stop losses within 5%.