Dear Traders
$WAL is holding an important support zone, The chart shows, it absorbs the selling moderate pressure in the last 4 hours.
Coin: $WAL
Last Price: $0.1369
24h Change: -4.67%
24h Volume (USDT): $5.85 Million
Market Structure:
=> Price is trading just above the 24h low, showing the healthy correction after recent gains.
=> The tight range between $0.1359 to $0.1486 is important because after breaking this level the next move will decide.
Key Areas to Watch:
=> Local Support, $0.1359 (24h Low):
A breakout below could push its price between $0.1323 and $0.1251 or drop more.
=> Primary Resistance, $0.1486 (24h High):
If it achieves this price level again, then it will restore bullish moves.
Overview:
The trend is slight bearish and price is consolidating near support. Low volume suggests a lack of strong momentum. A hold above $0.1359 could push up the price, while a breakout below may push it down.
Keep this coin into your watchlist.
by Hassan Cryptoo
