[2024.5.6 Before going to bed, here is an analysis of the popular token WLD that has been asked a lot in the past two days]
① The key support and resistance level at the high level is 5.1, and the short-term strong support at the high level is 3.5/3.15. 5.1 is the key support and resistance line that is retained at the upper 10 knives. If it falls below and is suppressed, it will open the way to step back downward!
② This coin was analyzed last year. As the new leader of AI and the new totem of the free world, it is of course far from the symbol of doge, but fortunately it has caught up with a good era and has a good concept, so there is no problem with the fundamentals!
③ At this moment, there is selling pressure at 6.7/7.5/8.6/9.5. If it breaks through in one fell swoop and probes 10 knives or even 20 knives, it will continue to probe downward. The market is nothing more than a long-short game. Whoever is strong will go where he goes. It's that simple!
④ At present, the short-term indicators are all in a bullish trend. It can be foreseen that if the step back does not break 5.1 or falls below and recovers 5.1, it will be the second wave signal of the short-term! If it enters the 3.15-3.5 range, wait and see, whether it falls below or holds up!
⑤ Continue to track in the future, if there is a good opportunity, you can also leave a message to Brother Sao to remind him in time!
