🔹 Market Analysis:
1️⃣ Price Action:
- Uptrend momentum remains intact after yesterday’s rally.
- Increased trading volume supports further upside potential today.
2️⃣ Spot Market Outlook:
- Mild price increase expected, with gains of 10-30 CNY.
3️⃣ Futures Market Projection:
- Expected range: 3180-3230.
- Key Levels:
- Support: 3180 (short-term), 3150 (medium-term).
- Resistance: 3210 (short-term), 3230 (medium-term).
🔹 Trading Strategy:
✅ Main Strategy: Buy on dips, targeting 3210-3230 resistance levels.
✅ Short-term traders: Focus on momentum continuation within the range.
⚠️ Caution: Watch for profit-taking near resistance zones.
📌 Daily insights provided by LangZo Steel. For reprints, please credit LangZo Steel.


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