$WIF performed strongly today. It has soared since the announcement of a 50% interest rate cut at 2 a.m., from 1.49 to the current highest point of 1.77. The current price is 1.71, up 14.4+%. In the past 12 hours, wif has repeatedly surpassed the upper track of boll1/4h chart, and then sprinted again after a slight correction. The current 4hRSI is 79.6. No matter which indicator is used, it is in the overbought area. It is very necessary to be vigilant about the turn. At present, it is facing strong resistance at 1.7 and there are signs of slowing down. I have reason to consider that it needs to retest the xiajiang trend. Support: 1.444 Resistance: 1.734-1.783
Long:
Entry: around 1.53
Target: 1.71
Stop loss:
Short (failed to speculate on breakthrough):
Entry: around 1.71
Target: 1.561
Stop loss: 1.79
