The 4-hour chart for WAL/USDT reveals that the asset has experienced significant volatility, characterized by a sharp decline followed by an extended period of consolidation. The price is currently testing a crucial resistance level, suggesting a potential breakout is imminent.
Major Support (The Floor): $0.2158 (Green Line). This level has held firm repeatedly, acting as a reliable floor and a probable "demand zone." A breakdown below this point would confirm bearish momentum and likely initiate a further decline.
Immediate Resistance (The Barrier): $0.2524 (Lower Red Line). This is the most crucial level right now.
Primary Targets (Upper Resistance): $0.2800 (Middle Red Line) and $0.3024 (Upper Red Line). These levels will act as the next key price targets if the $0.2524 resistance is overcome
Major Support (The Floor): $0.2158 (Green Line). This level has held firm repeatedly, acting as a reliable floor and a probable "demand zone." A breakdown below this point would confirm bearish momentum and likely initiate a further decline.
Immediate Resistance (The Barrier): $0.2524 (Lower Red Line). This is the most crucial level right now.
Primary Targets (Upper Resistance): $0.2800 (Middle Red Line) and $0.3024 (Upper Red Line). These levels will act as the next key price targets if the $0.2524 resistance is overcome
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.