After being popular for a while, WLD (World Coin) ushered in a wave of decline. The recent attention is quite large, which is related to the large-scale release. It is currently facing a lot of selling pressure.

WLD (World Coin) belongs to the L2 and AI sections. It is currently online on the OP main network. Its main function is to do privacy and digital payment. I have written about this currency twice before, one short-term and one trend direction, both of which have been verified.

I won’t talk much about the fundamentals. It is mainly to analyze whether the trend has changed from the market and how it will go in the short term.

Let’s analyze the big trend weekly trend.

1. After breaking through the previous historical high, a wave of retracement to support has been ushered in. It is currently near the support level and has not effectively broken the support, indicating that the support below is very strong.

2. The entire market is still on the right side of the long-term rising trend line, and the high and low points are constantly moving up, indicating that the general trend has not changed. It is still an upward trend in the bull market.

3. After stepping back to the support level range below, it began to oscillate after stopping the decline and formed a slightly upward parallel channel.

4. At present, the high and low points in the oscillation zone are rising, but from the perspective of volume, the current volume of long and short is relatively balanced, and there is no obvious strength of long and short.

5. Last week's K-line broke the previous high and increased in volume, but the amplitude of breaking the previous high was not obvious, and the body of the K-line was very small, which shows that the pressure from above is very strong.

From the above analysis, it can be seen that WLD has pressure on the top and support on the bottom. There is no obvious signal of long and short strength, and it is likely to continue to fluctuate in the near future.

Although the overall trend is an upward trend, the huge selling pressure from the project party is bearish, which will affect the trend of the market in the short term. These two points are equivalent to a combination.

The next trend is crucial. Whether it is a continuation of the trend or a change in the trend depends on whether the rise after the end of the next shock is increased in volume.

After the trend analysis, let's take a look at the trend of the four-hour short-term.

1. The overall four-hour short-term is currently a volatile market.

2. The high and low points in the oscillation zone are gradually moving up.

3. The three waves of decline in the oscillation zone have reduced the volume of short positions.

4. Although there was a breakthrough in the oscillation zone in the middle, it did not stabilize. It was a false breakthrough, indicating that there is pressure from above.

5. In the entire shock zone, the bulls have not started to increase their volume.

6. The last four-hour K-line came to the upper pressure level, but there was no increase in volume.

Through the above clues, the short-term trend of WLD belongs to the weakening of shorts, but the bulls have not become stronger. There will be a shock callback. When the reversal signal appears again, it will be a good short-term entry point.

Although the general direction belongs to the shock market, the shock of the weekly line still has opportunities for short-term trading.

The four-hour market changes very quickly. Short-term trading should be stopped when it is good. You can't let yourself be trapped because of greed. Short-term trading emphasizes the utilization rate of funds, so you must be willing to stop profit and dare to stop loss, otherwise it will lose the meaning of short-term trading.

I am May. If you want to know the latest first-hand information in the currency circle, click on the avatar and find me. Face fans and share for free #WLD​​​ $WLD