WAL has recently faced significant selling pressure and has been under continuous resistance above a key psychological level. From a technical perspective, WAL is consolidating below a downward trend line. Although it has attempted multiple times to break through this resistance, ongoing selling pressure has kept the price weak over the past three days. A short-term breakthrough requires a shift in market sentiment; otherwise, the downward pressure will persist. Investors should closely monitor trading volume and price reactions. Once a breakout is confirmed, it could trigger a chain reaction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
9
Repost
Share
Comment
0/400
BearMarketLightning
· 1m ago
It's the same old story, selling pressure, selling pressure. When will we finally see a real rebound?
View OriginalReply0
WalletManager
· 5m ago
With such heavy selling pressure, I actually see it as a good opportunity; those who are positioning at the bottom will make a fortune.
View OriginalReply0
AlwaysQuestioning
· 01-07 22:31
The selling pressure is so strong, it feels like we're going to break below the bottom again.
View OriginalReply0
RektCoaster
· 01-07 10:06
Repeatingly being oppressed under selling pressure, playing around? It should have been broken through long ago.
View OriginalReply0
AirdropFatigue
· 01-07 10:05
Got crushed by sell orders again, struggling there for three days...
With WAL's pace, unless there's a major market turnaround, there's really no suspense.
Has the trading volume increased? That's the key, right?
View OriginalReply0
NFTregretter
· 01-07 10:00
Trying to break through resistance again? Stop dreaming. With such fierce selling pressure, a rebound is unlikely unless Trump tweets.
View OriginalReply0
BagHolderTillRetire
· 01-07 09:50
It's the same old story again, selling pressure, resistance, sentiment shift... I've been trapped in WAL for a long time. Where's the breakout we promised?
View OriginalReply0
LiquidityWhisperer
· 01-07 09:46
It's been dumped again, WAL this crappy coin is really terrible.
View OriginalReply0
MEVvictim
· 01-07 09:40
It's the same old script again. After three days of weakness, they start talking about chain reactions. Wake up, everyone.
WAL has recently faced significant selling pressure and has been under continuous resistance above a key psychological level. From a technical perspective, WAL is consolidating below a downward trend line. Although it has attempted multiple times to break through this resistance, ongoing selling pressure has kept the price weak over the past three days. A short-term breakthrough requires a shift in market sentiment; otherwise, the downward pressure will persist. Investors should closely monitor trading volume and price reactions. Once a breakout is confirmed, it could trigger a chain reaction.