WALUSDT — SHORT Trade Setup 📉 (1H)
Current Price: 0.05785
Parameter
Price
Short Entry Zone
0.0580–0.0590
🎯 Target 1
0.0560
🎯 Target 2
0.0540
🎯 Target 3
0.0520
🛑 Stop Loss
0.0615
Technical Analysis
Trend: Short-term bearish correction after a strong rally.
RSI (14): 57.49 and declining, indicating weakening momentum.
SAR: 0.06606, above the current price — bearish signal.
Resistance: 0.0600–0.0610.
Support: 0.0550–0.0560.
Entry Confirmation
Wait for bearish confirmation on the 15-minute chart.
Consider a short only if price rejects resistance or breaks support with confirmation.
If the 1-hour candle closes strongly above 0.0610, reassess the short setup.
Important: WAL has already risen approximately 44% in 24 hours, so a sudden short squeeze is possible. These are conditional levels, not guaranteed outcomes. Use a stop-loss and keep leverage low.
Current Price: 0.05785
Parameter
Price
Short Entry Zone
0.0580–0.0590
🎯 Target 1
0.0560
🎯 Target 2
0.0540
🎯 Target 3
0.0520
🛑 Stop Loss
0.0615
Technical Analysis
Trend: Short-term bearish correction after a strong rally.
RSI (14): 57.49 and declining, indicating weakening momentum.
SAR: 0.06606, above the current price — bearish signal.
Resistance: 0.0600–0.0610.
Support: 0.0550–0.0560.
Entry Confirmation
Wait for bearish confirmation on the 15-minute chart.
Consider a short only if price rejects resistance or breaks support with confirmation.
If the 1-hour candle closes strongly above 0.0610, reassess the short setup.
Important: WAL has already risen approximately 44% in 24 hours, so a sudden short squeeze is possible. These are conditional levels, not guaranteed outcomes. Use a stop-loss and keep leverage low.