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Last Friday's market movement was indeed interesting — the price hit the key resistance level of 2980 and then turned around, subsequently probing support around 2890. The weekend saw a rebound, but it lacked momentum, and the entire weekend oscillated between 2890 and 2980, with clearly insufficient upward strength.
Currently, the bulls have not yet truly gained a foothold. Instead of expecting a breakout, it’s better to approach this market with a high-altitude perspective.
Monday’s trading plan is simple: focus on shorting opportunities within the 2972-2988 range. This area is both an extension of the previous resistance and a critical point for short-term rebounds. Once the price touches this zone again, it will be a good entry point for shorts.