WAL is currently in an upward trend, with a recent slight pullback — the current price is around 0.1482, steadily above the 7-hour, 25-hour, and 99-hour moving averages (approximately 0.1461, 0.1447, and 0.1375 respectively), indicating a bullish overall pattern.
The key resistance levels are quite clear: once the price effectively breaks through the 0.150-0.155 range (the recent high area), the next target could extend to 0.16-0.165. The current resistance is at this critical 0.150-0.155 zone.
Regarding pullbacks, the first support is very close — the convergence zone of the 7-hour and 25-hour moving averages at 0.146-0.144, with the 99-hour moving average providing additional support at 0.137-0.138. Below that, the previous consolidation area around 0.13 serves as another support level.
Volume is not particularly active, but each rebound is accompanied by increased trading activity. To sustain the upward momentum, continuous buying pressure is essential, especially a decisive breakout to surpass previous highs, which would trigger a genuine upward rally.
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gas_fee_therapy
· 01-09 13:44
Damn, is this another wait-for-breakthrough scenario? Every time they say they want to push to 0.15, but the volume still looks so weak. How am I supposed to believe it?
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Degen4Breakfast
· 01-08 23:30
Wait a minute, with such low trading volume, you still want to reach 0.16? That's a bit of wishful thinking.
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GrayscaleArbitrageur
· 01-07 09:20
Breaking through this level at 0.15 is really tough, feels like a long trap
With such low volume, who will come to rescue?
Let's wait and see if it can hold steady at 0.146, otherwise it will retrace again
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GateUser-3824aa38
· 01-06 14:56
Insufficient trading volume support. Is this rebound reliable? Or will it drop back below 0.15 again? So frustrating.
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TeaTimeTrader
· 01-06 14:53
There's not enough volume, it feels like a false breakout...
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LiquidationWatcher
· 01-06 14:45
0.15 Can't break through, feels like I still need to keep holding on
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With such weak volume, still expecting a rise? Dream on
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It looks like it's just bouncing around within the 0.146-0.155 range
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Wait for a breakout before jumping in, it's too easy to get trapped now
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Where are the buy orders? The promised institutions, where are they?
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If this wave breaks below 0.144, be cautious
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The moving averages are quite neat; let's see if it can hold
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The trading volume doesn't support any upward movement; it's just a false rally
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Feels like there will be another adjustment
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Can't see 0.16, I bet on five cents
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TooScaredToSell
· 01-06 14:44
Wait a minute, this trading volume is really not active... It feels like it's just about to break out.
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ChainWallflower
· 01-06 14:37
With such sluggish trading volume, where's the continuation of the rise... Feels like breaking through 0.15 will just get pushed back down.
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HashBrownies
· 01-06 14:37
Breaking 0.15 and taking off, it's that simple. Do you gamble or not?
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The trading volume is too weak. Can this breakout really hold?
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It's the same old support theory with moving averages. We said this last time too, and look what happened.
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That 0.13 defense line must be held firmly. Don't fall below it.
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Waiting to see who will take over the buy-in. Anything before 0.155 is nonsense.
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It's somewhat interesting. The rebound volume is indeed catching up.
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If it can't break 0.15, don't go around hyping an upward trend.
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It's good if the 99-hour moving average can hold this time.
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Is it a bit early to enter now? Let's wait for the breakout.
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Another coin that needs a "decisive breakout." We're all tired of hearing that.
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The trading volume isn't good. Can we trust this upward trend?
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Holding 0.146 is considered a win. Don't overthink it.
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Can it really reach 0.16? I'm skeptical about that.
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PretendingToReadDocs
· 01-06 14:31
With such weak trading volume, can it really break 0.15? It feels a bit uncertain.
WAL is currently in an upward trend, with a recent slight pullback — the current price is around 0.1482, steadily above the 7-hour, 25-hour, and 99-hour moving averages (approximately 0.1461, 0.1447, and 0.1375 respectively), indicating a bullish overall pattern.
The key resistance levels are quite clear: once the price effectively breaks through the 0.150-0.155 range (the recent high area), the next target could extend to 0.16-0.165. The current resistance is at this critical 0.150-0.155 zone.
Regarding pullbacks, the first support is very close — the convergence zone of the 7-hour and 25-hour moving averages at 0.146-0.144, with the 99-hour moving average providing additional support at 0.137-0.138. Below that, the previous consolidation area around 0.13 serves as another support level.
Volume is not particularly active, but each rebound is accompanied by increased trading activity. To sustain the upward momentum, continuous buying pressure is essential, especially a decisive breakout to surpass previous highs, which would trigger a genuine upward rally.