WALUSDT’s holding steady after its latest pullback, right around 0.1437. It’s not collapsing just catching its breath as traders figure out what’s next. When the price dipped to about 0.1414, buyers jumped in fast, driving it back up. So, there’s still demand lurking when things get cheap.
If you zoom in on the lower timeframes, you’ll spot a pretty clean bounce: higher highs, higher lows, the kind of action that says bulls aren’t done yet. But now, price is bumping its head near 0.144 to 0.145. Sellers are showing up there, so the market feels a bit stuck not weak, just undecided.
Volume didn’t go crazy during the drop, which usually means traders are just locking in profits not panicking. The order book backs this up: bids and asks are about even, so there’s no real tug-of-war going on. All signs point to consolidation here, not some dramatic shift.
But hey, this is a derivatives market. Leverage loves to mess with the script. If WALUSDT can push past 0.145 and there’s solid volume behind it you’re probably looking at another shot at 0.150 or maybe even 0.152. On the flip side, if it dips under 0.141, the whole setup falls apart, and a sharper drop kicks in.
Right now, it’s a waiting game. The energy’s still there, just not as wild. Probably best to stay patient, let the market pick its path, and avoid forcing trades while everyone’s figuring things out.