I’m watching $WAL here because price has pushed sharply higher in the latest move, climbing above the MA60 at 0.04580. Momentum looks bullish in the short term, but I don’t want to chase the move without seeing whether price can hold this breakout.
WAL/USDT is trading around 0.04641, up from the recent area near 0.04560. The immediate level I’m watching is 0.04648, the visible upper boundary on the chart. A clean move above it could support further upside, while a rejection may bring price back toward the moving average.
📍 Entry: 0.04615–0.04630, only if price pulls back and holds this area 🎯 TP1: 0.04648 🎯 TP2: 0.04660 — conditional extension, not confirmed by the chart 🎯 TP3: No clear third target visible 🛑 Invalidation: Below 0.04580
If price loses 0.04580, I’d step away from this setup because it would fall back below the visible MA60 and weaken the bullish momentum.
One thing I’m keeping in mind is the volume spike shown during the recent move. It confirms increased activity, but it doesn’t guarantee continuation. I’d rather wait for a controlled pullback and confirmation than enter after a sharp candle. For me, holding the breakout area matters more than chasing the current price.
WAL/USDT is trading around 0.04641, up from the recent area near 0.04560. The immediate level I’m watching is 0.04648, the visible upper boundary on the chart. A clean move above it could support further upside, while a rejection may bring price back toward the moving average.
📍 Entry: 0.04615–0.04630, only if price pulls back and holds this area 🎯 TP1: 0.04648 🎯 TP2: 0.04660 — conditional extension, not confirmed by the chart 🎯 TP3: No clear third target visible 🛑 Invalidation: Below 0.04580
If price loses 0.04580, I’d step away from this setup because it would fall back below the visible MA60 and weaken the bullish momentum.
One thing I’m keeping in mind is the volume spike shown during the recent move. It confirms increased activity, but it doesn’t guarantee continuation. I’d rather wait for a controlled pullback and confirmation than enter after a sharp candle. For me, holding the breakout area matters more than chasing the current price.