🚨 $WAL Faces a Sharp Rejection
Short $WAL
Entry: 0.040 – 0.045
SL: 0.055
TP1: 0.0375
TP2: 0.0360
TP3: 0.0345
TP4: 0.0315
Why:
WAL surged from its recent low near 0.03383 to 0.04340 before facing a sharp rejection, with price now trading around 0.03864. The long upper wick and strong bearish candle suggest profit-taking after the sudden spike. MA7 at 0.03851 is providing immediate support, while MA25 at 0.03660 and MA99 at 0.03497 are the next important support zones. If WAL fails to reclaim 0.0397–0.0405 and breaks below 0.0375, a deeper correction toward 0.0366 and 0.0355 could follow. However, bullish momentum is not fully broken, so wait for bearish confirmation. A sustained move above 0.04340 would invalidate this short setup.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#
Short $WAL
Entry: 0.040 – 0.045
SL: 0.055
TP1: 0.0375
TP2: 0.0360
TP3: 0.0345
TP4: 0.0315
Why:
WAL surged from its recent low near 0.03383 to 0.04340 before facing a sharp rejection, with price now trading around 0.03864. The long upper wick and strong bearish candle suggest profit-taking after the sudden spike. MA7 at 0.03851 is providing immediate support, while MA25 at 0.03660 and MA99 at 0.03497 are the next important support zones. If WAL fails to reclaim 0.0397–0.0405 and breaks below 0.0375, a deeper correction toward 0.0366 and 0.0355 could follow. However, bullish momentum is not fully broken, so wait for bearish confirmation. A sustained move above 0.04340 would invalidate this short setup.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#