The daily chart shows a long entity bearish candle, with the trading volume being roughly the same as the previous day. The daily MA30 line maintains an upward trend, and the MACD shows an increase in bearish momentum above the zero axis.
The current price is still running above the daily MA30 line, so the daily level is still in an uptrend for now. The uptrend will only be broken if the price falls below and closes under the MA30 line.
The current price has returned to the 12-hour EMA52 line, gaining support and forming a weak rebound. After the rebound, there will be further declines, continuing to approach the daily MA30 line and the daily EMA52 line, which will lead to a good rebound.
Currently, it is experiencing a 2-3 day mutual rebound, with the 1-day MA30 line rebounding and the 12-hour EMA52 line also rebounding, creating a new high before falling back to the 12-hour EMA52 line with a 1-hour pullback.
In terms of operations, you can place buy orders in batches at the daily MA30 and EMA52 lines, and go short at the 1-hour, 2-hour, and 4-hour EMA52 lines.
Daily level resistance at 4370-4560-4660-4880, support at 3980-3660-3470-3260
