Morning Trend | DiDi fluctuates narrowly, is the main force preparing for a breakthrough window?
DiDi (DIDIY.US) has been trading in a narrow range at a low level in recent trading days, with slightly increased trading volume but weak follow-up interest from funds. The community generally believes that the main force is preparing for a "momentum breakout," and short-term funds may launch an attack at any time. From the market perspective, DiDi bulls have continuously defended the 5-day moving average without breaking it, and the accumulation of chips in the bottom range is getting thicker. Although the atmosphere in the sector is average, there are occasional fluctuations in intraday funds. If it can break through the $1.9 level with increased volume during the day, it is expected to ignite a rebound window under the coordination of volume and price in the short term. Of course, there is also the possibility that the main force continues to observe and takes no action. If there is no significant increase in volume during today's trading, it may easily fall into a repeated sideways movement with low volume and a downward trend. The support level below is $1.75, and if it breaks, caution is needed for downside risks. Short-term strategy suggestion: Focus on intraday fund fluctuations and intraday breakout trial orders. Once the breakout volume is ignited, the main force's buying rhythm will be ready to go; otherwise, it is still necessary to be vigilant about the prolonged sideways bottoming time. Conclusion: Signs of unusual activity from DiDi's main force are gradually emerging. Whether it can achieve a short-term upward attack through a breakout depends on the final push from the funds, and trading should be flexible
DiDi (DIDIY.US) has been trading in a narrow range at a low level in recent days, with slightly increased trading volume but weak follow-up interest from funds. The community generally believes that the main force is preparing for a "momentum breakout," and short-term funds may launch an attack at any time.
From the market perspective, DiDi bulls have continuously defended the 5-day moving average without breaking it, and the accumulation of chips in the bottom range is becoming thicker. Although the sector atmosphere is average, there are occasional intraday fund movements. If it can break through the $1.9 level with increased volume during the day, it is expected to ignite a rebound window under the coordination of volume and price in the short term.
Of course, there is also the possibility that the main force continues to observe and does not take action. If today's intraday volume does not show significant expansion, it may easily fall into a repeated horizontal range with low volume and a downward trend. The support level at $1.75 is a defensive support; if it breaks, caution is needed for downside risks.
Short-term strategy suggestion: Focus on intraday fund movements and intraday breakout trial orders. Once the breakout volume is ignited, the main force's buying rhythm will be ready to go; otherwise, it is still necessary to be wary of prolonged horizontal bottoming.
Conclusion: Signs of unusual activity from DiDi's main force are gradually emerging. Whether it can achieve a short-term upward attack through a breakout depends on the funds' final push, and trading should be flexible
