$WAL /USDT – 4H Technical Analysis
Current Price: 0.1584
Trend: Short-term bullish continuation, medium-term range-bound
📊 Structure & Indicators
Trend: Price is making higher lows, holding above the mid Bollinger Band (MB ≈ 0.1552) → bullish bias.
Bollinger Bands (20,2):
Upper Band: 0.1633
Middle Band: 0.1552
Lower Band: 0.1471 Price is consolidating just below the upper band, suggesting compression before expansion.
Volatility: Decreasing after impulsive move → likely breakout or pullback soon.
Volume: Stable but not aggressive → breakout needs volume confirmation.
🔑 Key Levels#walrus
Resistance:
0.1625 – 0.1635 (BB upper + local highs)
0.1730 (next major supply zone)
0.1875 – 0.1990 (previous spike area)
Support:
0.1550 – 0.1540 (BB mid + dynamic support)
0.1470 (BB lower, strong support)
0.1315 (major demand, invalidation zone)
📈 Trade Scenarios
Bullish Continuation (Preferred):
Hold above 0.155
Break and close above 0.1635 (4H)
Targets:
T1: 0.1730
T2: 0.1875
T3: 0.1990
Pullback / Range Play:
Rejection at 0.163
Dip toward 0.150 – 0.155
Healthy retrace as long as 0.147 holds
Bearish Invalidation:
4H close below 0.147
Opens downside to 0.131 – 0.128
🧠 Bias Summary@Walrus 🦭/acc
Bias: Mild bullish
Market State: Accumulation → possible expansion
Best Strategy: Buy dips above 0.155 or breakout above 0.163 with volume
Risk: Fake breakout due to low volume
