๐จ ๐ช๐๐ ๐ถ๐ ๐ฎ๐ ๐ฎ ๐ฑ๐ฒ๐ฐ๐ถ๐๐ถ๐ผ๐ป ๐๐ผ๐ป๐ฒ ๐ฟ๐ถ๐ด๐ต๐ ๐ป๐ผ๐ ๐ฎ๐ป๐ฑ ๐๐ต๐ถ๐ ๐น๐ฒ๐๐ฒ๐น ๐บ๐ฎ๐๐๐ฒ๐ฟ๐ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐ฝ๐ฒ๐ผ๐ฝ๐น๐ฒ ๐๐ต๐ถ๐ป๐ธ ๐๐
WAL/USDT just pulled back after a sharp vertical move, and now price is resting on a very sensitive area. This is the kind of moment where the next candle decides the short-term trend.
On the 1H chart, WAL is trading around 0.1437, slightly green but clearly fighting.
The fast MA(7) around 0.1451 is acting like a wall ๐งฑ every push into this zone is getting rejected.
At the same time, MA(99) near 0.1430 is holding price from below like a safety net.
Right now, WAL is trapped between buyers and sellers, moving sideways after the spike. This is classic consolidation after volatility โก
๐ The ceiling:
โข Strong rejection happened at 0.1522 sellers defended it hard
โข Immediate resistance sits at 0.1450 - 0.1460, stacked with MA resistance
๐ The floor:
โข Major bounce came from 0.1386
โข Dynamic support is around 0.1430 if this breaks on a 1H close, downside opens quickly
๐ Bullish thought:
If WAL reclaims 0.1451 and holds above it, momentum could come back fast a retest of 0.1522 wouldnโt be surprising.
โค๏ธโ๐ฉน Bearish risk:
A clean drop below 0.1430 could send price back to 0.1386, where buyers must step in again.
This is not a chase zone.
This is a wait-and-react zone ๐ฏ
Are you watching for a breakoutor preparing for a pullback?
Tell me what side youโre on ๐๐ฌ
@Walrus ๐ฆญ/acc #creatorpad #Write2Earn #squarecreator #walrus $WAL
