The WAL/USDT trading pair is currently experiencing a downward trend, with the price dropping to $0.0904, representing a 5.04% decrease in the last 24 hours.
Key Statistics:
- Current Price: $0.0904
- 24h High: $0.0973
- 24h Low: $0.0888
- Volume (WAL): 8.02M
- Volume (USDT): $744,274.70
Technical Analysis:
The candlestick chart shows a bearish trend, with red candles dominating the 1D timeframe. The Moving Averages (MA5 & MA10) indicate downward momentum, suggesting further price decline.
Support and Resistance:
- Support: $0.0845
- Resistance: $0.1040
Recommendation:
Traders are advised to exercise caution and consider setting stop-loss orders to manage risk. A potential buying opportunity may arise if the price reverses near the support level.
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#wal #walrus @Walrus 🦭/acc $WAL
