The decentralized storage race is heating up, and @walrusprotocol is leading the charge with its innovative "Red Stuff" technology. By providing a scalable and low-cost blob storage layer for the Sui ecosystem, $WAL is solving the massive data bottleneck for Web3 and AI. This isn’t just hype—it’s essential infrastructure for the next generation of "thick apps" and decentralized media. Keeping a close eye on this one! 🌊🚀 #Walrus #Sui #Web3 #DecentralizedStorage
Technical Analysis & Buy Rating
Based on current market data and technical indicators for $WAL (as of mid-January 2026):
1. Key Price Levels
Major Support: $0.135 – $0.144. This range has historically held firm during recent corrections. If the price dips here, it is often met with strong buying interest.
Immediate Resistance: $0.158 – $0.165. The coin has recently struggled to break past this psychological and technical barrier.
Major Resistance: $0.182. A breakout above this level could trigger a move toward previous highs near $0.20
2. Is it worth buying?
Verdict: Buy on Dips (Bullish Long-term
Why Buy: $WAL is currently showing a bullish-to-neutral trend on the daily charts. The RSI is sitting in a healthy 30-70 zone, meaning it is neither overbought nor oversold. Its utility as the fuel for decentralized storage on Sui gives it strong fundamental backing.
Strategy: Avoid "FOMO" at the current resistance ($0.16). The best entry point is a limit order near the $0.14 support level.
Risk Note: As a low-cap infrastructure token, it is sensitive to Bitcoin’s movements. Always use a stop-loss below $0.11 to protect your capital.
WAL0.127-4.36%