Key Levels: Support $0.03572 | Resistance $0.04476
Technical Analysis for $WAL : Price sits near the 4hour resistance of 0.04476, above the Bollinger upper band and all EMAs, while RSI sits at 88 and Stochastic K at 83, signaling overbought conditions. A short entry around 0.04450.0448 targets 0.0416, with a stop near 0.0464. Break above 0.0455 invalidates the setup. SHORT bias targets continuation toward support, with resistance as the invalidation level.
Market Context: BTC up 0.37% on the day, market breadth broadly positive with 75% of assets green.