$WAL : Technical Bounce Incoming? 🌊
Watching @Walrus 🦭/acc closely right now. The price took a decent hit recently, but we're hitting some heavy oversold territory on the 4h charts. RSI is way down, and we're approaching a solid support zone around $0.13.
I'm not overcomplicating this. The fundamentals with Sui and Grayscale are still there, so this looks more like a healthy correction than a trend reversal. Scaling in slowly here, looking for a quick relief rally back towards $0.14 - $0.145 to grab a light profit.
The plan is to stay disciplined and not overleverage. If it dips further, I’ve got my zones ready to protect the balance. Let's see how the liquidity reacts at these levels.
Stay sharp.
