Market Overview: WAL is currently trading at 0.1361 USDT, down approximately 4.96% over the past 24 hours, with volatility continuing.
Looking at price movement, the high reached 0.1488 and the low touched 0.1354, with trading volume around 10.11 million WAL. Market attention is not low.
From a technical perspective, the 7-day moving average is close to the current price of 0.1361, with the short-term direction still unclear. The 25-day moving average is around 0.1358, forming short-term support. However, the 99-day moving average remains at the high of 0.1420, so medium-term resistance is still quite significant.
Key observation points are these: If the price breaks below 0.1354, today's low point, it may continue to decline; conversely, as long as it holds above 0.136, there might be a small rebound. Rising trading volume indicates the market is indeed paying attention to this token, and volatility may continue.
It is recommended to focus on the breakout direction in the 0.135–0.138 range, which will determine the next move. Market sentiment is weak, so if trading, make sure to manage risks well and avoid chasing highs.
Market Overview: WAL is currently trading at 0.1361 USDT, down approximately 4.96% over the past 24 hours, with volatility continuing.
Looking at price movement, the high reached 0.1488 and the low touched 0.1354, with trading volume around 10.11 million WAL. Market attention is not low.
From a technical perspective, the 7-day moving average is close to the current price of 0.1361, with the short-term direction still unclear. The 25-day moving average is around 0.1358, forming short-term support. However, the 99-day moving average remains at the high of 0.1420, so medium-term resistance is still quite significant.
Key observation points are these: If the price breaks below 0.1354, today's low point, it may continue to decline; conversely, as long as it holds above 0.136, there might be a small rebound. Rising trading volume indicates the market is indeed paying attention to this token, and volatility may continue.
It is recommended to focus on the breakout direction in the 0.135–0.138 range, which will determine the next move. Market sentiment is weak, so if trading, make sure to manage risks well and avoid chasing highs.