Holding the Line?
Walrus (WAL) is currently trading around 0.0794 USDT, hovering right at a critical pivot point. After the volatile spike to 0.0804 earlier today, we are seeing the price consolidate. The 15m chart shows a "higher low" structure trying to take hold, but the bulls need to defend this level to avoid a slip back to the weekly lows.
📊 Key Levels to Watch:
• Support Zone: 0.0756 – 0.0780 (The recent bottom that must hold).
• Immediate Resistance: 0.0804 (24h High).
•Major Target: 0.0835 – 0.0845 (Breakout territory).
The Outlook: The 24h volume is steady at ~6.30M WAL. If we see a successful bounce from this 0.0790 area with increasing volume, a retest of the 0.0820+ zone is the next logical step. However, if we lose 0.0790, we might see a quick re-test of the 0.0756 floor. 🐂
