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Recently, watching WAL's trend, many people are losing confidence. From the all-time high of 0.87 down to the current 0.146, the decline has been fierce—an 83% retracement in front of us. Everyone needs to stay calm. But this is often the time that tests one's vision the most.
Many see panic selling, but from a different perspective: a storage project backed by the Sui ecosystem, with solid financing background, and a mainnet that is already stable and operational—does it make sense for its market cap to be hammered down like this? I can't see it.
It's like a supermarket with a prime location and no issues suddenly offering huge discounts across the store—it's usually not about closing down, but about clearing inventory. Currently, WAL is somewhat in this kind of misjudged situation. From a technical and ecological logic perspective, the price zone below 0.15 is definitely worth paying attention to.
**So, if you want to participate, how should you do it?**
**Step 1: Position within the range of 0.135-0.145.** This price level has appeared repeatedly in the past and has some technical support. Avoid going all-in at once; buy in several batches to lower the average cost.
**Step 2: Short-term target around 0.22.** If it rebounds to this level and rises 50%, consider taking out half of your position to recover your principal, leaving the rest to fly freely.
**Step 3: Long-term outlook is still to return to the previous high of 0.87.** Storage is indeed the demand side for the next cycle. As the Sui ecosystem develops, WAL, as a core infrastructure project, will be hard to marginalize.
But this strategy essentially still bets on the next cycle's enthusiasm. The risks are there, but so is the potential for gains. How to choose depends on your risk tolerance.