$WAL The main force has exited Dormant state
I. Overall trend judgment (core)
Current price 0.1279, currently in a new low area since listing. Although the MACD indicator has shown a slight golden cross at the bottom, due to the lack of trading volume, this rebound looks more like a horizontal repair in a downtrend rather than a reversal signal.
WAL short-term trend is extremely weak. It belongs to the typical "zombie state." The main funds seem to have exited or are deeply locked up, and the market is entirely maintained by a small number of retail traders, with any selling pressure potentially leading to further price declines.
II. Key levels
Resistance level (selling pressure area):
Short resistance: 0.1500 - 0.1600. This is a small oscillation platform bottom before the recent decline. Once broken, it becomes strong resistance. If it rebounds to this level, short-term trapped positions will be eager to exit.
Strong resistance: 0.2000. An important previous support level and psychological barrier. Unless there is significant positive news, it is absolutely impossible to reach in the short term.
Support level (defensive area):
Lifeline: 0.1100 - 0.1200. Currently the low point area during consolidation. Bulls are barely maintaining here, trying to build a stopping platform.
Extreme bottom: 0.1000. If it breaks below 0.11, it will directly test the psychological barrier of 0.10 below.
III. Trading volume signals
Signal: Continuous low volume.
The trading volume bars have been at extremely low levels for a long time, even invisible.
Interpretation: No one cares. This is worse than a volume drop. It indicates severely insufficient buying power, and the price can only slowly "bleed" under gravitational pull.
IV. Operating strategy
Position holders: Stop-loss or switch positions.
The trend is downward, and there are no signs of a stop.
Suggestion: Unless you have strong confidence in the project's fundamentals, it is recommended to consider exiting when rebounding to around 0.1400, switching to more liquid mainstream coins.
Empty position holders: Absolutely do not touch!
Reason: For such a currency with "continuous decline," no one knows where the bottom is.
Speculation: The only betting opportunity is to lightly bet on a short-term oversold rebound near 0.1000 - 0.1100 (in and out quickly), but the risk is extremely high.
V. Summary
WAL has entered the "deep bear dormancy period," with no volume and no volatility. It is recommended to stay away to avoid long-term capital occupation!

