📊 Expectations:
Price is forming a short-term rising wedge—a bearish pattern. Volume is fading slightly on this rise, signaling potential weakness.
🚩 Scenario 1: Breakdown
If price loses the lower wedge trendline (~0.00000492), a drop toward the liquidity zone near 0.00000480–0.00000478 is likely. That area has acted as key support multiple times.
🚀 Scenario 2: Continuation
If volume returns and price breaks the upper wedge line (~0.00000500) with a strong candle, it could squeeze up to 0.00000520–0.00000530 quickly—where prior sell walls exist.
🎯 Conclusion:
Leaning slightly bearish structurally unless bulls reclaim 0.00000500 fast. Lower timeframe momentum needs confirmation. Tighten stops either way—breakout or trap iincomin. $WAL
WAL
Alpha
0.1243
-1.20%
