$WIF
📊 WIF/USDT 24-hour market analysis | August 13, 2024
🎢 Price trend:
Current price: about 1.75 USDT
It fluctuated violently within 24 hours, with an overall upward trend, but the fluctuation range was large
🔍 Key price:
Support level: 1.68-1.70 USDT
Resistance level: 1.78-1.80 USDT
💡 Trading suggestions:
• Long: Breaking through 1.80 USDT may be a signal of continued rise, and the stop loss is set below 1.75 USDT
• Short: Falling below 1.70 USDT may start to pull back, and the stop loss is set above 1.75 USDT
📊 Trading volume analysis:
From the heat map, it can be seen that the trading volume in the 1.65-1.70 USDT and 1.75-1.80 USDT ranges is large, which is an important trading area
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Risk Warning:
• As an emerging coin, WIFU has extremely volatile prices and is very risky
• The recent increase is large and may face short-term correction pressure
• The coin market is highly speculative, lacks fundamental support, and is easily affected by market sentiment
• Investors are advised to participate cautiously and strictly control positions and risks
💡 Market Insights:
• WIFU's recent strong performance may be related to the overall positive sentiment in the crypto market
• Short-term support seems to be formed around 1.65 USDT. Pay attention to whether it can stand firm and continue to rise
• As an emerging coin, WIFU's trend may affect other small-cap token markets
Disclaimer: This analysis is for reference only and does not constitute investment advice. The cryptocurrency market, especially the coin market, is extremely risky and investment should be cautious.