WAL experienced a significant correction on the 1-hour chart, with the current price around 0.1376. It has broken below the 7-day, 25-day, and 99-day moving averages (approximately 0.1394, 0.1426, and 0.1403 respectively), indicating a generally weak trend.

From a key level perspective, a clean breakout and sustained position above the 0.140-0.143 range (the confluence point of the 99-hour and 25-hour resistance) would open up space for a rebound toward 0.145-0.15, which is the previous high. On the downside, recent support levels are at the 0.136-0.134 and 0.13-0.125 zones.

Trading volume warrants attention—there have been several noticeable waves of selling pressure recently, but overall volume levels remain moderate. To see a genuine reversal, the key is whether the price can strongly recover the 99-hour moving average on relatively mild volume, which often signals that the bulls are regaining confidence.