WAL coin has been facing significant selling pressure recently, continuing to face suppression above key psychological levels. From a technical perspective, WAL is oscillating and consolidating below the descending trendline. Although there have been multiple attempts to break through this resistance level, due to continuous selling pressure, the coin price has been weakening over the past three days. Breaking through the resistance in the short term requires a shift in market sentiment, otherwise downward pressure will continue. Investors need to closely monitor trading volume and price reactions. Once a breakout is established, it could trigger a chain reaction.
WAL coin has been facing significant selling pressure recently, continuing to face suppression above key psychological levels. From a technical perspective, WAL is oscillating and consolidating below the descending trendline. Although there have been multiple attempts to break through this resistance level, due to continuous selling pressure, the coin price has been weakening over the past three days. Breaking through the resistance in the short term requires a shift in market sentiment, otherwise downward pressure will continue. Investors need to closely monitor trading volume and price reactions. Once a breakout is established, it could trigger a chain reaction.