$WAL is showing strong momentum on the daily chart with a clear series of higher highs and higher lows. Price has pushed to a new short-term high near 0.0327, which suggests buyers are still in control. Instead of chasing the breakout, I'm watching for a healthy pullback before considering a long position.
Long Setup
Entry Zone: 0.0300 - 0.0310
Take Profit 1: 0.0345
Take Profit 2: 0.0370
Take Profit 3: 0.0400
Stop Loss: Below 0.0285
My view: As long as WAL holds above the recent breakout area, the trend remains bullish. A pullback entry offers a better risk-to-reward setup than buying after a strong green candle.
Always manage risk and never enter a trade without a stop loss. DYOR.
#WAL #Walrus #cryptotrading #BinanceSquare #altcoins
Long Setup
Entry Zone: 0.0300 - 0.0310
Take Profit 1: 0.0345
Take Profit 2: 0.0370
Take Profit 3: 0.0400
Stop Loss: Below 0.0285
My view: As long as WAL holds above the recent breakout area, the trend remains bullish. A pullback entry offers a better risk-to-reward setup than buying after a strong green candle.
Always manage risk and never enter a trade without a stop loss. DYOR.
#WAL #Walrus #cryptotrading #BinanceSquare #altcoins
