$WAL Down 17% in 24 hours... Has it hit bottom, or is a deeper crash beginning? 📉
The price is at $0.0515, with volume sharply contracting compared to average, suggesting selling pressure is running out on the 15-minute timeframe. The RSI has entered deeply oversold territory below 30, and liquidity is concentrated below current levels, increasing the likelihood of a sharp technical rebound.
The most likely scenario: a quick corrective rebound toward $0.055–$0.058, provided support at $0.050 holds. Watch volume for confirmation that buyers are returning.
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$WAL
This content is not investment advice. Do your own research (DYOR).
The price is at $0.0515, with volume sharply contracting compared to average, suggesting selling pressure is running out on the 15-minute timeframe. The RSI has entered deeply oversold territory below 30, and liquidity is concentrated below current levels, increasing the likelihood of a sharp technical rebound.
The most likely scenario: a quick corrective rebound toward $0.055–$0.058, provided support at $0.050 holds. Watch volume for confirmation that buyers are returning.
Follow us for deeper analysis and more updates 🚀
$WAL
This content is not investment advice. Do your own research (DYOR).