WAL +5.26% to $0.10 Despite Bearish Downtrend

WAL at $0.10 up 5.26% on $11.7M vol, but bearish signals dominate: RSI 30.40, below EMA200 $0.1684. Key support $0.0845, resistance $0.1034. Analysis Feb 2, 2026.

(11:47 PM UTC)
1 min read
Updated
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WAL Technical Snapshot: $0.10 Amid Bearish Pressure

WAL trades at $0.10, up 5.26% in 24h on $11.7M volume, but remains in downtrend below EMA200 ($0.1684).

  • Key Metrics: RSI 30.40 (oversold), MACD bearish (-0.0116 vs signal -0.0074), Stochastic 19.75/13.35 (oversold).
  • Moving Averages: Below EMA20 ($0.1192), EMA50 ($0.1347), SMA50 ($0.1302).
  • Volatility: ATR 0.0113, price in lower Bollinger half (lower band $0.0854).

Key S/R Levels

SupportPriceScoreDistance
S1$0.084574/100 ⭐-11.70%
S2$0.093161/100 ⭐-2.72%
ResistancePriceScoreDistance
R1$0.097365/100 ⭐+1.67%
R2$0.103467/100 ⭐+8.05%

BTC at $78,902.89 (+1.87%) also bearish. Crash targets: $0.0330; moon: $0.1569.

Short-term bounce possible from oversold levels, but downtrend favors caution below $0.1034 R2.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

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