【Analysis of the popular token WLD on May 16, 2024】
①At this moment, the trend of 1h is barely at the critical point of long and short, and the bulls are dominant. At this moment, the trend of 2h/4h is still short. The previous wave was fierce, and there is still room for adjustment!
②The key support level is at 5.1. This point is the watershed of the high position. Only when it breaks through and stabilizes can it be viewed high. If it is suppressed, then the 2h/4h level will follow.
③Support level 2.2/2.55/3.15/3.53, pressure 6.4, all need to be digested to go up. 5.1 is the watershed of the high position. Break through and stabilize to look at 6. If it is suppressed continuously, just give up the attention of the medium and short term
