WAL/USDT is currently trading around $0.0884, showing a –6.2% daily drop, as sellers continue to dominate the short-term trend. The chart reflects consistent bearish pressure with weak recovery attempts.
🔍 Market Snapshot
Current Price: $0.0884
24H High: $0.0951
24H Low: $0.0875
24H Volume: 8.75M WAL
After failing to sustain above $0.095, the pair experienced a sharp rejection, triggering a steady decline toward the $0.087 support area.
📉 Technical Breakdown (1H Timeframe)
The structure shows:
Continuous lower highs & lower lows
Strong red candles with increasing sell volume
Moving averages trending downward (bearish momentum)
This confirms short-term bearish control.
🔑 Key Levels to Watch
🟢 Support Zones:
• $0.0875
• $0.0850
🔴 Resistance Zones:
• $0.0920
• $0.0950
A breakdown below support could push price toward $0.082–$0.085.
A recovery above resistance may trigger a short-term relief rally.
📈 Trade Setups
🟢 Long (Bounce Play)
Entry: $0.087–$0.088 zone
Targets: $0.092 → $0.095
Stop Loss: Below $0.085
🔴 Short (Trend Continuation)
Entry: Rejection near $0.092–$0.095
Targets: $0.087 → $0.085
Stop Loss: Above $0.097
⚡ Market Sentiment
Currently bearish, with sellers controlling momentum. However, oversold conditions near support could bring a temporary bounce.
Traders should wait for: ✅ Strong bullish candles
✅ Volume confirmation
✅ Break of resistance
✅ Final Thoughts
WAL is sitting at a critical support level.
If buyers defend this zone → quick rebound possible.
If sellers break it → deeper downside likely.
#wal #walrus @Walrus 🦭/acc $WAL