$WAL IS PUMPING HARD, GUYS! BREAKOUT MODE ON?
Price just made a strong move, surging over 26% in 24 hours and pushing toward $0.04936. Buyers are clearly showing strength!
On the 15Mins chart, price has broken above the short-term moving averages and is trading well above MA7 ($0.04419), MA25 ($0.04152) and MA99 ($0.03900).
The bigger question is whether buyers can sustain this breakout or whether we’ll see a correction first.
📊 Key levels I’m watching:
The daily chart has broken above the MA200 area around $0.04355, according to my higher-timeframe analysis. If price sustains this breakout, the next upside zone is $0.055–$0.0575.
If WAL holds strongly above $0.055, further expansion toward $0.060–$0.070 becomes possible.
The weekly chart also looks promising, with MA7 approaching MA25. However, the weekly RSI7 is overbought, so volatility and pullbacks are possible. Don’t confuse strong momentum with a guaranteed straight-up move.
🎯 My trading setup
Entry: $0.0464 –$0.043
Stop-loss: $0.042
Targets - $0.049, $0.051, $0.054, $0.0575, $0.061, $0.066, $0.072
Leverage: 5x–10x
⚠️ One important thing: RSI6 is already around 94 on the 15M chart. That’s extremely overbought, so chasing the current price around $0.048 can be risky. I’d prefer a pullback into the entry zone and a bullish reaction before entering.
If price loses $0.043, the breakout structure weakens, and $0.042 is the stop-loss level for this setup.
WAL has momentum, guys, but the real opportunity is catching a sensible entry instead of chasing green candles. 🔥
#CryptoSat
Price just made a strong move, surging over 26% in 24 hours and pushing toward $0.04936. Buyers are clearly showing strength!
On the 15Mins chart, price has broken above the short-term moving averages and is trading well above MA7 ($0.04419), MA25 ($0.04152) and MA99 ($0.03900).
The bigger question is whether buyers can sustain this breakout or whether we’ll see a correction first.
📊 Key levels I’m watching:
The daily chart has broken above the MA200 area around $0.04355, according to my higher-timeframe analysis. If price sustains this breakout, the next upside zone is $0.055–$0.0575.
If WAL holds strongly above $0.055, further expansion toward $0.060–$0.070 becomes possible.
The weekly chart also looks promising, with MA7 approaching MA25. However, the weekly RSI7 is overbought, so volatility and pullbacks are possible. Don’t confuse strong momentum with a guaranteed straight-up move.
🎯 My trading setup
Entry: $0.0464 –$0.043
Stop-loss: $0.042
Targets - $0.049, $0.051, $0.054, $0.0575, $0.061, $0.066, $0.072
Leverage: 5x–10x
⚠️ One important thing: RSI6 is already around 94 on the 15M chart. That’s extremely overbought, so chasing the current price around $0.048 can be risky. I’d prefer a pullback into the entry zone and a bullish reaction before entering.
If price loses $0.043, the breakout structure weakens, and $0.042 is the stop-loss level for this setup.
WAL has momentum, guys, but the real opportunity is catching a sensible entry instead of chasing green candles. 🔥
#CryptoSat