Overview
WAL/USDT is currently trading near $0.1498, showing mild weakness after facing rejection around the $0.153 resistance level. The recent price action reflects a healthy pullback within a broader range, rather than a structural breakdown. This behavior often appears after short-term profit-taking.
Recent Price Action
After forming a local low around $0.1484, WAL pushed higher with improving volume and tested the upper resistance near $0.153. Sellers stepped in at that zone, leading to a controlled retracement back toward the mid-range. Importantly, price continues to respect key support, indicating that buyers are still present.
Support and Resistance Levels
Immediate Support: $0.148 – $0.145
Key Resistance: $0.153 – $0.156
Holding above the support zone keeps the market structure neutral-to-bullish. A decisive break below support could invite deeper consolidation, while a clean break above resistance may open the door for trend continuation.
Volume & Momentum
Volume spiked during the upward move and cooled during the pullback, which is generally a constructive sign. This suggests selling pressure is not aggressive. Momentum indicators imply consolidation, often a precursor to the
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