$WAL Breakout from the downtrend and the beginning of the launch 🚀🚀
Technical Analysis (Body):
Based on the attached chart, we clearly observe that the currency successfully broke the descending trendline that had been restricting the price for a period. The price is currently trading at $0.1487 after a strong upward surge (Pump) that left a higher tail, indicating high buying liquidity attempting to push the price higher and test new resistance levels. This breakout is a classic entry signal for the start of an upward wave.
Condition for continued upward movement: Maintain trading above the breakout zone and the nearby support at $0.1300 - $0.1350, without retracing below it.
Targets:
🎯 T1: $0.1850
🎯 T2: $0.2200 (approximately the previous tail peak)
🎯 Full Extension: $0.2600
Conclusion:
The constraints have been broken, get ready for the launch! 🚀💸
