Coin: WAL Direction: Long Signal score: 7
Basis: 1-hour KDJ bullish crossover in the oversold zone; price is above EMA20

$WAL Go long

Entry: 0.054224-0.055712
Take profit 1: 0.056892
Take profit 2: 0.057716
Stop loss: 0.054143

KDJ has turned upward again: 31/22/51. Short-term momentum is recovering. J previously dropped to 30 and has now bounced back to 51. Wait for the pullback to stabilize before reassessing.

The 1-hour MACD histogram is at -0.001451 and is still negative, but it's a bit shorter than the previous bar (-0.001986). The decline is slowing, so a rebound is possible.

The Bollinger Bands are widening, with the upper band at 0.063612 and the lower band at 0.049064. Price is below the middle band, which is weak; wait for it to reclaim the middle band before reassessing. Honestly, I've been watching this level for quite a while. Price at 0.055490 is holding above EMA20 (0.054414), confirming the retest. EMA20 holding suggests the bulls are still in play. Take profit 1 at 0.056892 is a resistance level between the previous high and the upper Bollinger Band. Profit-takers and traders looking to break even may both sell there, so it's best to secure profits first. Stop loss is 0.054143; exit if price breaks below it—don't hold on to a losing trade.

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