Morning Trend | Coupang funds are cautiously observing, is a short-term main force movement coming?

Coupang (CPNG.US) has been in a range-bound consolidation state in recent trading days, with market participants maintaining a cautious wait-and-see attitude, and no obvious champion bulls have emerged. There are significant divergences in the social groups regarding the future market. The fluctuation range is limited by the repeated shifts in the sentiment of the main players in the short term, with frequent occurrences of bottom-fishing rebounds during the trading session, but the trading volume has not significantly increased, indicating that large funds have not deeply intervened, and it is more about intra-day capital games and quantitative program participation. The current market focus is on whether Coupang can ignite the main players' bullish sentiment through sudden news or unusual movements. Especially against the backdrop of the gradually warming atmosphere for growth stocks in the U.S. stock market recently, CPNG is expected to enjoy a short-term window brought by the expectation of a rebound from oversold conditions. Once there is unusual movement from the main funds or the community starts to discuss more significantly, it is likely to ignite the waiting bottom-fishing orders from outside the market, combined with the FOMO effect on social platforms, which may lead to a fierce scramble for shares in certain areas. The key observation is whether the support zone can be firmly held; if it breaks down, caution is needed for stop-loss selling pressure, while if it withstands the selling pressure, attention should be paid to whether it can break through the upper resistance with increased volume. For operational strategies, short-term traders are more inclined to enter and exit quickly, timing the market sentiment turning points. It is recommended to wait for volume-driven movements before entering on the right-side breakout to avoid premature bets before the market becomes clear, while medium to long-term investors can patiently wait for confirmation signals. During the trading session, closely monitor the intraday trading volume and changes in the main positions, and be wary of false breakout traps that may affect sentiment

The current market focus is on whether Coupang can ignite the main players' bullish sentiment through sudden news or unusual movements. Especially against the backdrop of a gradually warming atmosphere for growth stocks in the U.S. market recently, CPNG is expected to enjoy a short-term window brought by the expectation of a rebound from oversold conditions. Once the main funds show unusual movements or the community starts to discuss more intensively, it could easily ignite the bottom-fishing capital waiting on the sidelines, combined with the FOMO effect on social platforms, potentially triggering a fierce scramble for shares in certain areas. The key observation is whether the support zone can be firmly held; if it breaks down, caution is needed to avoid stop-loss triggers, while if it withstands selling pressure, attention should be paid to whether it can break through the upper resistance with increased volume.

For operational strategies, short-term traders are more inclined to enter and exit quickly, timing the market sentiment turning points accurately. It is recommended to wait for volume-driven movements before entering on a right-side breakout, avoiding premature bets before the market direction becomes clear. Medium to long-term investors can patiently wait for confirmation signals. During the day, close attention should be paid to intraday trading volume and changes in the main positions, being wary of false breakouts that could lead to traps affecting sentiment.

Overall, under the atmosphere of cautious capital in Coupang, once the signal of main player movements is ignited, a short-term scramble for shares could erupt instantly, with the window for a trend change gradually approaching. The key support and resistance levels will serve as a barometer for the future market performance, and significant movements should be closely monitored in the intraday dynamics