Simple analysis of $WLD in 1-hour cycle: Buy point: 1.30$; Sell point: 1.34$. Reason analysis: The price has recently fluctuated in the range of 1.30 to 1.34, forming a shock consolidation pattern. A long upper shadow line appeared at 20:00 on February 10, indicating that the upper pressure has increased, which may limit the upward space.
The daily MACD is still negative, but it has converged, and there may be potential for a rebound.
The hourly RSI is close to 50, indicating that the market is not obviously overbought or oversold; the daily RSI is slightly below 35, suggesting that there are certain signs.
The current price is below EMA7, but close to the support level. EMA7, EMA30 and EMA120 are in a bullish arrangement, and support may still be obtained in the short term.
The trading volume has fluctuated greatly in recent hours, and no obvious increase or decrease has been seen. The daily trading volume increased significantly on February 10, but then fell back, and the market activity was reduced.
Therefore, in the short term, the price may fluctuate in the range of 1.30 to 1.34. It is recommended to pay attention to the support and pressure of this range. If it breaks through 1.34, there may be opportunities for further increases.
