📊 $WAL Price Analysis: Current State, Key Levels & What’s Next for @Walrus 🦭/acc #Walrus

Let’s break down the latest price action, structure, and outlook for $WAL, the native token of @Walrus 🦭/acc , one of the leading decentralized storage projects in Web3. This analysis covers real market data, technical observations, and key risk/reward zones.

🔥 Current Price & Market Status

Current trading price: around $0.14–$0.15 USD according to live market data. �

CoinCodex +1

Circulating supply: ~1.54 B out of 5 B total WAL. �

CoinMarketCap

Market cap: approx. $218 M USD, with trading volume near $11M+. �

CoinMarketCap

Recent price action shows mixed short-term moves with patches of pullbacks and small recoveries as traders react to broader crypto market sentiment. �

CoinMarketCap

After trading close to its all-time high near $0.87, $WAL has retraced substantially—down roughly 80%+ from peak levels—reflecting broader crypto volatility and profit-taking pressure. �

CoinCodex

📉 Technical Structure & Key Levels

Bearish Signals

Price below key moving averages like the 200-day SMA aligns with ongoing corrective pressure. �

CoinCodex

Short-term downturns show breaks under the 7-day SMA and weakening momentum (RSI sliding), indicating sellers still have an edge. �

CoinMarketCap

A Fibonacci support test zone around ~$0.129–$0.133 is critical; a break below this may open deeper downside risk toward ~$0.115 or lower. �

CoinMarketCap

Bullish Signals

Some recovery in recent weeks shows higher lows and modest rebounds, suggesting buyers are defending deeper discount zones. �

Gate.com

If $WAL can reclaim the $0.152–$0.166 range and hold above short-term moving averages, it would reflect a shift toward bullish momentum. �

CoinMarketCap

📈 Sentiment & Market Drivers

Market sentiment around remains cautiously neutral to bearish due to macro crypto weakness and high beta exposure typical of altcoins. Fear & Greed indexes in “Fear” territory have pressured speculative assets like WAL. �