Explosive Breakout → Volatile Pullback & Support Hold
Setup (LONG)
Pair: $WAL
/ USDT
Timeframe: 4H
Current Price: 0.1520
Market Structure:
Price printed a strong impulsive breakout toward 0.1993 with heavy volume, followed by a sharp pullback. The retracement is now holding above the key breakout zone and short-term moving averages, indicating strength despite volatility.
Entry Zone: 0.1450 – 0.1550
Bias:
Bullish above 0.1600 (4H close confirmation)
Targets:
🎯 TP1: 0.1650
🎯 TP2: 0.1800
🎯 TP3: 0.2000
Stop-Loss: 0.1320
Note:
As long as price holds above 0.145, structure remains bullish. A clean reclaim and hold above 0.160 can trigger continuation toward the recent high and beyond.
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