đą $WAL | Bullish Momentum Watch đ
Iâm seeing short-term bullish momentum on WAL, with price climbing toward $72.25. At $72.22, buyers are pushing higher, and all three visible moving averages sit below price. But Iâd like confirmation before chasing this move.
đ Key Levels
Resistance: $72.25â$72.28
Support: $72.15, then $72.04
MA(7): $72.15
MA(25): $71.93
MA(99): $71.78
đ Entry: $72.15â$72.22, only after a bullish hold
đŻ TP1: $72.25
đŻ TP2: $72.28 (chartâs upper visible area)
đŻ TP3: Not justified by the visible chart
đ Invalidation: Below $72.04
â ïž What could go wrong? Price may reject near $72.25, and the recent sharp wick toward $72.04 shows that volatility remains a factor.
If price loses $72.04, Iâd step away from this setup because the immediate bullish structure could weaken.
đĄ My approach: Iâm watching for a clean hold above $72.15 and a convincing break of $72.25. No chasingâconfirmation first, entry second.
Iâm seeing short-term bullish momentum on WAL, with price climbing toward $72.25. At $72.22, buyers are pushing higher, and all three visible moving averages sit below price. But Iâd like confirmation before chasing this move.
đ Key Levels
Resistance: $72.25â$72.28
Support: $72.15, then $72.04
MA(7): $72.15
MA(25): $71.93
MA(99): $71.78
đ Entry: $72.15â$72.22, only after a bullish hold
đŻ TP1: $72.25
đŻ TP2: $72.28 (chartâs upper visible area)
đŻ TP3: Not justified by the visible chart
đ Invalidation: Below $72.04
â ïž What could go wrong? Price may reject near $72.25, and the recent sharp wick toward $72.04 shows that volatility remains a factor.
If price loses $72.04, Iâd step away from this setup because the immediate bullish structure could weaken.
đĄ My approach: Iâm watching for a clean hold above $72.15 and a convincing break of $72.25. No chasingâconfirmation first, entry second.