Can a 21 percent drop clear the froth for $WAL?
At $0.04644 with $20.16M in daily volume, the asset shows severe intraday cooling after sliding from a $0.06131 high.
Hourly volume has slumped to 0.24x the daily average, signaling exhausted selling pressure rather than immediate accumulation.
A bullish scenario requires reclaiming the $0.04554 hourly close on rising volume, while dropping under the $0.04493 range low invalidates this setup.
Will you wait for a volume expansion above the hourly close, or does a break below the range low keep you sidelined?
Tap $WAL for the live chart. #WAL #BinanceSquare
At $0.04644 with $20.16M in daily volume, the asset shows severe intraday cooling after sliding from a $0.06131 high.
Hourly volume has slumped to 0.24x the daily average, signaling exhausted selling pressure rather than immediate accumulation.
A bullish scenario requires reclaiming the $0.04554 hourly close on rising volume, while dropping under the $0.04493 range low invalidates this setup.
Will you wait for a volume expansion above the hourly close, or does a break below the range low keep you sidelined?
Tap $WAL for the live chart. #WAL #BinanceSquare