People are looking at the one-hour K-line chart of this coin circle #A ! The price jumped directly from 0.6666 to 0.7938, the bulls are charging fiercely this time! But the good times didn't last long, after reaching a high, it immediately turned down, indicating that there is significant selling pressure above.

In terms of trading volume, the key level of 0.7938 indeed saw an increase in volume, the market was lively, but the price did not stabilize, and this surge seems a bit inflated. From a technical perspective, both MA7 and EMA7 are stuck at 0.7463, and the price is clearly diverging from the moving averages, indicating a short-term volatility that does not align with the trend.

The MACD DIF value is -0.0028, showing a significant lack of momentum, and the indicators are also diverging; the price and momentum simply do not match. The KDJ indicator looks even worse, with K value at 34.02, D value at 41.79, and J value at 18.48, all lingering at low levels, with oversold signals glaringly evident; it is either a bounce or a consolidation in the short term.

In terms of operation, take my advice, do not rush to become a bag holder, first focus on the support level, and the risk of a pullback must be guarded against. It's not too late to act once the situation stabilizes!

This market changes every day, you must seize the right timing to act. If you are still too confused, you can click on my profile to follow me; I usually share some cutting-edge information and practical strategies, let's seize the big opportunities together.