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AI, this coin has been very popular recently. Since its listing, after the sharp rise on the first day, there has been a wider range of fluctuations, and the rhythm of fluctuations has obvious regularity. To do this, it is necessary to grasp the time dimension of the daily cycle.
In order to better analyze the microstructure, today we will look at its internal operating rules from a relatively more microscopic perspective of the 60-minute cycle, and why it still maintains an oscillating upward pattern after the recent decline.
In the one-hour chart, a long black candlestick appeared this afternoon, falling to the previous bottom, which is the neck support position. It should be said that it is in a life-or-death state, but after all, it remains above the upward trend line of the arrow.
Spot believes that it is still worth holding at present to test the support. If it can hold up, there is still room for growth.
The support level is 1.25, which is very critical. Please leave a message for more coin analysis.
