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WAL/USDT 0.1210is currently trading around USDT, showing signs of stability after a strong bullish rally followed by a significant correction.Price action indicates that the market is stabilizing and preparing for its next move.
🔍 Technical Overview
WAL 0.1993Earlier USDT reached a high point, where strong selling pressure entered the market.After this rejection, the price returned and is now moving closer to an important demand zone.
0.1150Key Support: ༇0. 1200
1480. 0 ⸰ 0.1300Key resistance:
24h 0.1197کم:
24h 0.1230High:
A low trading volume indicates the indecision of the market, often preceding a breakout or breakdown.
📉 Moving Average and Volume
Short-term moving averages (MA 5 and MA 10) are under pressure
volume reduction suggests that accumulation is occurring at these levels
🔮 What's next?
If the WAL holds above 0.1150 support, a relief bounce towards + is possible in short term 0.230above the resistance may open the door to move towards a confirmed breakout.0.1480
However, if the support fails, further reductions cannot be ruled out.
⚠️ حتمی خیالات
WAL/USDT is currently in a high-risk, high reward zone.Long term holders may find it attractive to deposit this area, while short term traders should wait for verification before entering the position.
📌 ALWAYS DO YOUR RESEARCH (DYOR)
📌 Practice proper risk management
#wal #walrus @Walrus 🦭/acc $WAL
WALUSDT
0.1212
+0.41%