The current price is around 0.1213 and it is slightly higher than yesterday. Buyers are active and the market looks calm but positive. The price moved up after holding well above the 0.1169 support level. This level acted as a base and helped the price bounce upward with confidence.
During the last twenty four hours the price stayed within a clear range. The high was near 0.1216 and the low was close to 0.1161. This range shows that sellers tried to push the price down but buyers stepped in each time. Trading volume also increased which often means stronger interest from the market. More people are watching WAL now and that usually brings more movement.
On the chart the short term trend looks positive. The fast moving average and the medium moving average are starting to line up in a good way. This often happens when a trend is trying to change from slow to strong. It does not guarantee a big move but it does show growing strength. Price staying above these averages is a good sign for short term traders.
The most important level to watch right now is 0.1216. This level has stopped the price before. If WAL can move above it and stay there the market may see more upside. A clean break above this level can attract more buyers who were waiting for confirmation. When many traders see the same level break it often leads to faster moves.
For those thinking about a trade patience is key. One simple idea is to wait for a clear close on a small time frame above 0.1213. This helps reduce risk and avoids chasing sudden spikes. If the price moves up without a proper close it can fall back just as fast. Waiting for confirmation is often the safer choice.
Risk control is also important. A stop level below 0.1198 can help protect against sudden drops. No trade is perfect and the market can change direction at any time. Using a stop helps keep losses small and emotions under control. This is especially important in fast moving markets.
Overall WAL is showing positive signs. Support is holding and momentum is slowly building. As long as the price stays above key support levels the outlook remains constructive. Traders should stay alert and react to what the chart shows rather than guessing. Slow and steady decisions often work better than rushed ones.#walrus #Crypto #Altcoin #Trading
$WAL #TechnicalAnalysis

