The performance of ID coin in the past two days has been quite eye-catching. It surged from the lowest point of $0.06915 all the way up to $0.09260, with a daily increase of 27.92%. The 24-hour trading volume is also at maximum leverage—over 2.43 billion USDT in trading volume and a holding of 2.77 billion. Such explosive volume often indicates that large funds are quietly accumulating at the bottom.

From the chart, the recent lows have evolved into a clear support level. In the short term, the price has increased by 33.92% over the past 7 days, and there has been a 17.23% return over the past month. However, in the medium to long term, there is still pressure—an 18.15% decline over 90 days and nearly 50% drop over half a year, indicating that the overall recovery phase is still ongoing.

From a technical perspective, it is not recommended to chase the price now. A more prudent approach is to wait for the coin price to fall back to the $0.08500-$0.08800 range and then test with a small position. The first target is aligned with $0.09000; if strength continues, look at $0.09200 and $0.09500. The support line is set at $0.08300; once broken, the short-term upward momentum is likely to weaken.

For bulls, patience and waiting for a dip to buy is the smarter choice; for bears, avoid participating now. Engaging in counter-trend operations in this market rhythm will likely not yield good results. Remember to control your position size and be cautious of short-term volatility risks.