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TRADOOR experienced clear resistance when surging to around 2.35, with the price repeatedly facing obstacles at this level. From a technical perspective, the upward momentum is indeed gradually weakening, and the buying pressure is noticeably less than earlier stages. This kind of sign often indicates an imminent short-term correction.
From the market sentiment standpoint, it is currently more about previous profit-takers selling into the rally rather than a trend continuation. Once the participation of major funds declines, retail support is often insufficient to sustain the rally.
On the technical side, closely monitor the short-term pullback strength and support levels. Selling on rallies might be a more prudent trading approach.