WAL has been walking cautiously on the path of shallow rise these days, currently hovering around 0.1442. The 7-hour and 25-hour moving averages are at 0.1448 and 0.1447 respectively, while the 99-hour moving average stands firm at 0.1399. Overall, the situation is somewhat mixed, with both positive and negative signs.

If the price can cleanly break through the 0.148 to 0.155 zone (which is the recent resistance and previous high point), there is room to move towards 0.16. But at the moment, the trading volume is moderate, with a few spikes in buying activity earlier, but overall enthusiasm is not high. To continue the upward trend, two things are needed: first, to regain stability above the 7-hour moving average; second, to see a volume breakout through the 0.148 to 0.155 range.

Support below is not a big concern, as the moving averages cluster between 0.144 and 0.14, and further down, the 99-hour moving average at 0.1399 provides a more solid cushion.