$WAL rejected from the $0.24 resistance zone after a brief recovery attempt, signaling renewed bearish pressure. Sellers have regained control, and the price structure shows consistent lower highs — indicating the continuation of a short-term downtrend.
Trade Setup (Short):
Entry Range: $0.2310 – $0.2350
Target 1: $0.2150
Target 2: $0.2050
Target 3: $0.1900
Stop Loss (SL): $0.2410
As long as $WAL trades below $0.235, the bearish structure remains intact. A breakdown below $0.22 could trigger momentum toward the $0.20 area. Watch for volume confirmation before entering the trade.