WALUSDT is forming a clear falling wedge pattern, a classic bullish reversal signal that often indicates an upcoming breakout.
First We Should Talk About Walrus $WAL
Get ready to dive into the world of decentralized storage with Walrus
Walrus (WAL) is a decentralized storage protocol built on the Sui blockchain, focusing on secure and private blockchain-based interactions. It's designed to provide cost-efficient, censorship-resistant storage for applications, enterprises, and individuals. The protocol uses erasure coding and blob storage to distribute large files across a decentralized network, making it an ideal solution for decentralized applications (dApps), governance, and staking activities.
WAL token has a total supply of 1 billion, with allocations for staking, governance, and ecosystem development.
Walrus has partnered with several projects in the Sui ecosystem for decentralized storage solutions.
The protocol uses advanced cryptography and erasure coding for data protection.
🦭 The Walrus protocol is revolutionizing the way we store and share data, offering a secure, private, and censorship-resistant solution for individuals and enterprises alike. With its native token $WAL, users can participate in governance, staking, and access a range of decentralized applications. Follow @Walrus 🦭/acc for the latest updates on the project and join the conversation #ZAMAPreTGESale #crypto
Key Features:
Decentralized storage
Private transactions
Governance & staking
Erasure coding + blob storage
Walrus offers a decentralized alternative to traditional cloud storage solutions.
The protocol supports private transactions, ensuring user data remains secure.
Users can participate in governance and staking activities using the WAL token.
Walrus utilizes a combination of erasure coding and blob storage for efficient data distribution.
Use Cases:
dApps storage
Data archiving
Content delivery
Walrus provides a secure and private storage solution for dApps.
The protocol can be used for data archiving, ensuring data remains accessible and tamper-proof.
Walrus enables fast and secure content delivery, making it ideal for media and entertainment applications.
😊 Let's break it down and sequence it better
WALUSDT Trading Analysis
WALUSDT is forming a falling wedge pattern 🔹, a classic bullish reversal signal indicating an upcoming breakout. After breaking down from 0.3633, WAL hit a new support zone and is now accumulating within a 4-hour range. Market's waiting for confirmation for the next big move.
Different Scenarios:
Bluissh (Long):
Break above 0.2520 with volume -) potential 50% upside.
After the sharp breakdown from the 0.3633 level, WAL experienced a strong bearish wave that pushed the price down to a new support zone. Since then, the price has started to accumulate within a clear 4-hour range, suggesting that market participants are waiting for confirmation before the next big move.
This accumulation phase is important because such zones often act as the foundation for explosive movements once price breaks out — either upward or downward.
Bearish (Short): Break below 0.1993 —) confirm sellers' control
🔹 Bullish scenario (Long setup):
If price manages to break above 0.2520 with noticeable volume, it could trigger a strong bullish move. This breakout would signal that buyers have regained control, and we could see a rapid move toward higher resistance zones — potentially offering up to 50% upside from the current range. The key here is volume confirmation — without it, the breakout could turn into a fake-out.
🔹 Bearish scenario (Short setup):
On the other hand, the bearish trigger lies at the 0.1993 support. If the price decisively breaks and closes below this level, it would confirm that sellers are in control. However, before opening a short position, we want to see the price retest this zone (a rejection from below) to confirm the breakdown. This would reduce risk and provide a safer entry opportunity.
In summary, WALUSDT is currently in a neutral-to-accumulation zone — the breakout direction will define the next strong move. Traders should stay patient, monitor volume closely, and be ready to act once one of these key levels gives way