$WLFI Dayan 15-minute K-line chart analysis 📊
1. Price and Trend
• Current Price: 0.1081 USDT, up 7.24% in 24 hours, today's increase is 7.24%, short-term performance is strong.
• Moving Average Arrangement: 7-day moving average (0.1098), 25-day moving average (0.1116), 99-day moving average (0.1046), the price is below the 7-day moving average and above the 99-day moving average, indicating short-term pullback pressure, but the medium-term trend is still bullish.
• Key Price Levels:
◦ Support Level: Recent low of 0.1018 USDT, if broken, may further decline.
◦ Resistance Level: Recent high of 0.1149 USDT, only if it breaks through can there be rebound space.
2. Trading Volume and Momentum
• Current Trading Volume: 287,561.2, far below the 5-day and 10-day volume moving averages, indicating a significant weakening of buying momentum, lacking sustained support during the upward process.
• 24-hour Trading Volume (WLFI): 282 million, Trading Amount (USDT): 29.9625 million, market activity is relatively high, but current volume is insufficient, caution is needed for pullback risks.
3. Medium to Long-term Performance
• 7 Days: -10.22%
• 30 Days: -35.73%
• 90 Days: -33.80%
The medium to long-term decline is significant, indicating that WLFI is in a deep pullback over a longer period, and the downward trend is obvious. Today's increase is a short-term rebound and has not reversed the medium to long-term trend.
Dayan Operational Analysis:
• Long Position: Short-term pullback pressure is high, volume is insufficient, the risk of going long is relatively high, need to wait for clear stabilization signals (such as a breakout on the 7-day moving average).
• Short Position: The current price is close to the 7-day moving average, if it rebounds and meets resistance near the 7-day moving average, it can be considered a short opportunity; if it breaks below 0.1018 USDT, it can be followed up, but strict stop-loss should be set.
• Wait and See: Before the volume significantly increases and the trend clearly reverses, maintaining a wait-and-see approach is a more prudent choice to avoid blind operations during rebound trends.
If you don't know how to time the market, you can contact Dayan, who will provide real-time analysis 25 hours a day, giving the current best entry points. Daily insights and in-depth analysis. #加密市场观察
