$WAL /USDT – 1H Update

Price has entered a clear downtrend channel since mid-December, with lower highs and accelerating downside momentum. Recent breakdown below $0.1220 confirms bearish continuation.

Key levels:

- Resistance: $0.1220–$0.1230 (former support, now flip)

- Support cluster: $0.1170–$0.1180 (next confluence.$WAL

Volume rising on sales, no meaningful bid defense visible. Structure favors further extension unless $0.1220 is reclaimed with conviction.$WAL

Smart risk: shorts on bounces toward channel resistance; longs require a clean break above $0.1230.

Bias bearish. Position sizing is critical.

WALSui
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