WALU is flashing a buy signal most traders are too scared to act on.
$WAL /USDT - LONG
Trade Plan:
Entry: 0.082405 – 0.082895
SL: 0.081182
TP1: 0.084118
TP2: 0.084608
TP3: 0.085587
Why this setup?
4H chart shows a LONG setup. RSI on the 15m is deeply oversold at 28.45, suggesting a local bounce is due. Entry zone is tight (0.0824-0.0829), with TP1 at 0.0841. The daily trend is still bearish, making this a counter-trend scalp.
Debate:
Is this a smart reversal play or a bull trap in the larger downtrend?
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WALUSDT
Διην.
0.0805
-4.50%