$WAL #walrus @Walrus 🦭/acc

Trend trading the Walrus coin (WAL) in 2026 requires balancing its long-term potential as a decentralized storage protocol for the Sui ecosystem against high short-term volatility. As of February 5, 2026, WAL is trading at approximately $0.090, having recently faced a sharp weekly decline of over 24%.

Core Trend Indicators

To execute a trend strategy for WAL, traders monitor these technical signals:

  • Moving Averages (MA): On the 4-hour timeframe, WAL recently showed bullish signals with a rising 50-day MA. However, on the 1-day timeframe, it trades below its 7-day SMA ($0.109) and 30-day SMA ($0.134), confirming a dominant bearish macro trend.

  • Relative Strength Index (RSI): The 14-day RSI recently hit 24.77, deep in oversold territory. A trend-following entry often waits for the RSI to climb back above 30 to confirm a momentum reversal.

  • Support and Resistance: Key resistance sits at $0.105 (7-day SMA) and a "thick ceiling" between $0.147 and $0.150. Immediate support to watch is the swing low at $0.0878.

Fundamental Trend Drivers

Trends in WAL are heavily influenced by the Sui blockchain's health and protocol adoption:

  • Enterprise Adoption: On February 3, 2026, Team Liquid migrated 250TB of data to Walrus, a bullish catalyst that reversed a short-term downtrend.

  • Exchange Listings: Coinbase recently added WAL to its asset listing roadmap, providing a potential "listing pump" trend for traders to follow.

  • Supply Dynamics: WAL has a maximum supply of 5 billion, with about 1.61 billion in circulation. Traders must account for "daily linear unlocks" that create persistent sell pressure, requiring high demand to sustain upward trends.

Strategy Implementation

  1. Entry: Wait for a decisive breakout above the 7-day SMA ($0.109) with increased volume.

  2. Exit/Profit-Taking: Target resistance zones near $0.147.

  3. Stop-Loss: Place orders slightly below the $0.087 all-time low to mitigate downside risk.

    WALSui
    WALUSDT
    0.0882
    -6.46%

    #EurekaTraders