WAL/USDT is currently trading at $0.1061, down 6.77% in the last 24 hours, with a Pakistani Rupee equivalent of ₹29.69. The 24-hour price range is between $0.1141 (high) and $0.1019 (low), and the trading volume stands at 14.38 million WAL (~ $1.53 million USDT).
Technical Analysis of WAL/USDT Chart
The 15-minute candlestick chart shows a bearish trend with:
- Moving Averages MA(5) = 33,058.5 and MA(10) = 42,504.5, indicating downward momentum.
- Volume (*Vol*) of 28,590.9 suggests active selling pressure.
- The price is breaking below key support at $0.1061, signaling potential further decline.
Performance Overview
- Today: -0.09% change.
- 7 Days: -15.65% decline.
- 30 Days: -19.79% drop.
- 90 Days: -52.10% significant loss.
Trading Perspective
1. Support Level: $0.1019 – a break below may trigger more selling.
2. Resistance: $0.1084 – rebound target if buying pressure returns.
3. Strategy: Traders may consider shorting below $0.1019 or waiting for a bullish reversal above $0.1088 for long entry.
Market Sentiment
The negative percentage changes across all timeframes indicate strong bearish sentiment for WAL/USDT, advising caution for long positions and monitoring for potential bottom formation or breakout.
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#wal #walrus @Walrus 🦭/acc $WAL
