Explosive Breakout → Volatile Pullback & Support Hold

Setup (LONG)

Pair: $WAL

WALUSDT

Perp

0.0833

-0.59%

/ USDT

Timeframe: 4H

Current Price: 0.1520

Market Structure:

Price printed a strong impulsive breakout toward 0.1993 with heavy volume, followed by a sharp pullback. The retracement is now holding above the key breakout zone and short-term moving averages, indicating strength despite volatility.

Entry Zone: 0.1450 – 0.1550

Bias:

Bullish above 0.1600 (4H close confirmation)

Targets:

🎯 TP1: 0.1650

🎯 TP2: 0.1800

🎯 TP3: 0.2000

Stop-Loss: 0.1320

Note:

As long as price holds above 0.145, structure remains bullish. A clean reclaim and hold above 0.160 can trigger continuation toward the recent high and beyond.

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