Recently, many friends have asked about WIF coin. Today, I will analyze it for you:

The current trend is generally in a bearish trend, but the trends at the 1-hour, 2-hour and 4-hour levels show a signal of an imminent reversal, which means that there is still a need for a small rebound in the short term.

The support level is 1.27 and 1.5, and the pressure level is 1.75 and 1.95. The coin has formed a small double bottom structure this week in the short term with the previous low of 1.44 this morning. Combined with the short-term 1-hour, 2-hour and 4-hour cycles, as long as the low of 1.44 is not broken, there should be a rebound to 1.7-1.75 tonight and the weekend.

Based on the above ideas, you can play in batches at the support level and look forward to small fluctuations above 1.7.

In the long run, the trend of this coin is to oscillate and bottom out, so it is only suitable for short-term operations, not for long-term investment at this time.

If it falls below the 1.44 line, it depends on the support of the 1.27-1.3 line. Therefore, pay attention to this key low point, and consider buying more after it stabilizes.