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Market Overview: WAL is currently trading at 0.1361 USDT, down approximately 4.96% in the past 24 hours, with volatility still ongoing.
Looking at the price trend, it reached a high of 0.1488 and a low of 0.1354. The trading volume is about 10.11 million WAL, indicating significant market attention.
From a technical perspective, the 7-day moving average is close to the current price of 0.1361, so the short-term direction remains unclear. The 25-day moving average is around 0.1358, providing short-term support. However, the 99-day moving average is still high at 0.1420, indicating considerable medium-term resistance.
Key observation points are as follows: if the price breaks below the intraday low of 0.1354, it may continue to decline; conversely, as long as it stays above 0.136, there could be a small rebound. The increase in trading volume suggests the market is paying attention to this coin, and further volatility may occur.
Focus on the breakout direction of the 0.135–0.138 range, as this will determine the next trend. Market sentiment is somewhat weak, so when trading, proper risk management is essential—avoid chasing highs.