$WAL | 1H ANALYSIS 📊 Trade Setup.

most mentioned ticker in the last hour: $WAL

The WAL/USD 4-hour chart shows a bullish trend with prices above the 5, 10, and 20-period moving averages, indicating upward momentum. The RSI is approaching overbought territory, suggesting potential resistance around current levels. The MACD shows a bullish crossover, although diminishing histogram bars could point to waning momentum.

PRICE: 0.447100 exhibits bullish momentum above EMA16 (0.442238) and EMA64 (0.438690), confirming uptrend strength.

EMA ALIGNMENT: Golden cross formation signals potential continuation.

VWAP: PRICE significantly above VWAP (0.411980) indicates strong buying pressure.

RSI: RSI at 56.86 suggests moderate momentum, not overbought.

VOLUME ANOMALIES: Confirmed volume spike validates PRICE action.

ACTION: LONG entry considered due to confluence of indicators.

ENTRY: 0.447100.

TAKE PROFIT: 0.477100.

STOP LOSS: 0.419425.

#WAL #WALUSDT #WALusdt🚀🔥 #Binance #BinanceAlphaAlert $WAL

‎If you buy/sell a coin by clicking from this post, I may receive some commission from BINANCE.🙏🏻🙏🏻

‎