In the 4-hour chart, the lowest point fell to $1.082 on May 12, which was the lowest point since November 26, 2020, and then began to fluctuate slightly upwards. The low point was pulled back from the upward oscillating trend to form a rising trend line, which is also support. The line has been on the trend line from May 12 to now, and it is expected to continue to rise in this way in the future. On the indicator, the fast and slow line of the macd indicator is on an upward trend. It is currently sprinting towards the zero axis at a point below the zero axis, and it is expected to accelerate the rise if it rushes up. The RSI indicator is currently operating at neutral 50, which is bullish. In operation, the market runs along the upward trend line, the indicator is in line with the bullish trend, go long, and effectively fall below the downward trend line and stop loss, with a target of $1.8 or $2.
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