HIGH is currently hovering around 0.253, having climbed back above several key moving averages. Looking at the short-term and medium-term MA7 (approximately 0.244), MA25 (approximately 0.241), and MA99 (approximately 0.244), they are all currently beneath us, making this short-term movement look quite stable.

Looking down, the direct support is in the range of 0.24 to 0.245, and stronger support should be looked at the previous low of 0.224. If it breaks below 0.245, it may need to go back to test 0.224.

What about upwards? First, focus on the hurdle of 0.28. If it can cleanly break through 0.28 and even stabilize at 0.325, then the area between 0.32 and 0.34 should open up.

The trading volume is quite interesting—there was a significant increase in volume during this wave of rise, and the current volume is still at a relatively high level, with buyer sentiment remaining strong. So as long as the price holds above the moving average and the 0.245 line, the trend is temporarily still bullish. However, that being said, if it can't hold, a pullback to 0.224 is also a possibility.