$WAL /USDT — Institutional-Style Trade Outlook for Binance Square
Market Condition
WAL is trading in a clear bearish continuation phase after losing the 0.138 demand area. The current price action near 0.127 shows sellers defending every recovery attempt. There is no base formation yet, which keeps downside risk active.
Order Flow Observation
Strong sell candles with shallow pullbacks indicate dominance of market sell orders. Buy volume is reactive, not proactive, suggesting this move is driven by trend continuation rather than panic selling.
Key Price Levels
Short-Term Support: 0.1268
Liquidity Pocket: 0.1240
Extended Support: 0.1205
Intraday Resistance: 0.1310
Supply Zone: 0.1338 – 0.1365
Trade Position
Primary Setup: Short
Entry Strategy
Sell on rejection between 0.1310 and 0.1338
Best entries occur after a weak bullish candle followed by bearish confirmation.
Stop Loss
0.1372
Above this level, bearish structure fails.
Profit Targets
Target 1: 0.1268
Target 2: 0.1240
Target 3: 0.1205
Trailing stop can be applied after Target 1 to protect gains.
Secondary Setup
If price breaks below 0.1265 with strong volume, continuation shorts can be taken on a minor pullback toward 0.1280.
Stop Loss: 0.1305
Target: 0.1225
