WAL coin rebounded from a downtrend line to touch $0.15 last Monday, driven by positive Bitcoin momentum. However, this price level faced clear resistance and subsequently declined. It has now experienced four consecutive trading days of downward movement.
From a technical perspective, the $0.15 level has become a key resistance point. After encountering resistance at this level, the coin price turned downward, forming a clear pullback trend. The sustained downward pressure in the short term is worth noting — this indicates that bullish momentum is weakening, while bearish pressure is gradually strengthening. It will be important to observe whether support levels below can hold; otherwise, the downtrend may continue to expand.
WAL coin trend analysis and price outlook
WAL coin rebounded from a downtrend line to touch $0.15 last Monday, driven by positive Bitcoin momentum. However, this price level faced clear resistance and subsequently declined. It has now experienced four consecutive trading days of downward movement.
From a technical perspective, the $0.15 level has become a key resistance point. After encountering resistance at this level, the coin price turned downward, forming a clear pullback trend. The sustained downward pressure in the short term is worth noting — this indicates that bullish momentum is weakening, while bearish pressure is gradually strengthening. It will be important to observe whether support levels below can hold; otherwise, the downtrend may continue to expand.