$WAL USDT ALERT BEARS IN CONTROL

Price is trapped in a downtrend channel since mid December printing lower highs with accelerating downside momentum Recent breakdown below $01220 confirms bearish continuation

Key Levels

Resistance $01220$01230 former support now flip

Support $0 1170 $01180 next confluence

Market Read

Volume rising on sales no strong bids

Structure favors further downside unless $01220 reclaimed convincingly

Trade Idea

Shorts on bounces toward channel resistance

Longs only on clean break above $01230

Bias bearish Position sizing and risk management are critical