WALUSDT Perpetual is currently trading in a short-term consolidation phase after a strong recovery from recent lows. The market structure on the 15-minute timeframe suggests a developing bullish bias, while still offering clear invalidation levels for short setups. Below is a structured long and short trading plan based on price action, volume behavior, and key technical levels.
Market Structure Overview
After finding strong demand around the 0.148–0.150 zone, WALUSDT formed a series of higher lows, indicating that buyers are gradually gaining control. The price is now consolidating just below a local resistance area, a pattern commonly associated with continuation rather than reversal.
Volume analysis supports this view, as buying volume expanded during the upward move and has since decreased during consolidation. This behavior often signals market participants are waiting for a breakout confirmation.
Key Technical Levels
Support Zones
0.155 – 0.156: Intraday demand and consolidation base
0.148 – 0.150: Major support and trend invalidation zone
Resistance Zones
0.160 – 0.162: Immediate resistance and breakout trigger
0.165 – 0.170: Higher timeframe supply zone
These levels define the boundaries for both long and short trade setups.
Long Trading Plan: Bullish Continuation Setup
The long bias remains valid as long as price holds above the 0.155 support area.
Entry Strategies
Breakout Entry: A confirmed 15-minute candle close above 0.162, ideally supported by rising volume.
Pullback Entry: Buying near the 0.155–0.156 zone after a clear bullish reaction.
Profit Targets
Target 1: 0.165
Target 2: 0.170
Extended Target: 0.175 (only if strong momentum persists)
Stop Loss Placement
Conservative stop loss below 0.152
Aggressive stop loss below 0.158 for breakout-based entries
Risk should be limited to 1–2% per trade, with stops trailed to breakeven once the first target is achieved.
Short Trading Plan: Reversal or Breakdown Setup
Short positions should only be considered under clear rejection or breakdown conditions.
Entry Strategies
Resistance Rejection: Bearish rejection signals near 0.160–0.162, such as long upper wicks or bearish engulfing candles.
Breakdown Entry: A confirmed 15-minute close below 0.150 with strong selling volume.
Profit Targets
Target 1: 0.148
Target 2: 0.145
Extended Target: 0.140
Stop Loss Placement
Rejection based short stop above 0.165
Breakdown short stop above 0.153
Partial profit taking is recommended to reduce risk and lock in gains.
Risk Management and Trading Considerations
Avoid entering trades during low-volume, sideways movement.
Be cautious of fake breakouts near resistance.
Do not over-leverage, especially in consolidation zones.
Always wait for candle confirmation before entering a trade.
Conclusion
WALUSDT Perpetual currently favors a mild bullish bias while trading above key support levels. The market structure supports a potential upside continuation, but failure to hold the 0.150 level would shift momentum bearish. By respecting key levels and applying disciplined risk management, traders can navigate both long and short opportunities effectively.
$WAL @Walrus 🦭/acc #Walrus
