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WAL Coin Trend Analysis and Price Outlook
Last Monday, WAL coin rebounded from the downward trend line to reach $0.15, driven by Bitcoin's positive momentum. However, this price level faced significant resistance, and the coin began to decline afterward. Currently, it has been the fourth consecutive trading day of decline.
From a technical perspective, the $0.15 level has become a key resistance. After being blocked at this point, the price turned downward, forming a clear retracement trend. The ongoing downward pressure in the short term is worth noting—this indicates that bullish momentum is weakening, and bearish pressure is gradually increasing. It remains to be seen whether the price can hold above the support level; otherwise, the downward trend may continue to expand.