$WAL is quietly building strength here.
After that sharp flush, price didn’t panic, it bounced and started carving higher lows.
That tells me sellers are getting tired and buyers are stepping in.
Structure is slowly shifting from drop mode to base mode.
If this holds above the recent support zone, I can see a grind back toward the 0.132–0.136 area first.
Not explosive yet, but this kind of calm rebuild is often where moves are born.
I’m personally keeping this on watch.