WLD Market Analysis:
From the 4H K-line, the market has dropped from 3.36, and there is a sign of support around 3.0, where the K-line has formed a bullish candlestick and a doji. We will look at the next 8 hours; if two more bullish candlesticks can form, it indicates that the market has stabilized at this position, and a reversal will occur. If it cannot hold at this position, the market will continue to decline. The main support level is around 2.7 below.
From MACD analysis: The fast and slow lines are about to form a dead cross below the 0 axis, and the market needs to choose a direction. We will wait for a confirmed signal to enter a long position.
From RSI analysis: The fast line has intersected with the slow line twice, and the fast line has started to turn upward. Whether it can strongly break through the slow line will determine the strength of the subsequent rise; we will wait for direction.
Summary: The market is likely to fall first and then rise, with a long-term bullish outlook.
Spot: Build positions: 2.6-2.7, long-term bullish.
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