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The chart from the morning actually hides a textbook-level bullish divergence signal.
Let's talk about what divergence means - simply put, it refers to the price and technical indicators moving in opposite directions. The price is soaring, but the indicators are sluggish; or conversely, the price has collapsed, yet the indicators are holding up.
Two situations:
• Divergence: Price reaches a peak, but the indicator does not follow → a downward trend is imminent.
• Divergence: Price drops to a low, but the indicator doesn't reach a new low → Rebound imminent (this is it for today)
Back to this picture, how to judge? Focus on the two red boxes:
**Red box above** (Price trend): Plunged from 0.0459, reaching a low of about 0.0335 (marked by the yellow circle) around November 18, which is a new low for this phase.
**Red box below** (indicator curve under trading volume, possibly MACD or RSI): First round of decline (November 16-17), indicators followed the drop, green bars lengthened. However, when the price dropped to a lower level of 0.0335 in the second round, the indicator line rose instead of falling (at the blue circle).
→ Price breaks the bottom, indicators refuse to break the bottom = Bottom divergence confirmed.
What's even more remarkable is that this time not only is there a divergence, but it is also compounded by **increased volume, touching the trendline support, and the MACD/RSI turning upward**—this kind of multiple resonance bottom divergence has a very high probability of rebound and is considered one of the most hardcore reversal signals.