$WAL /USDT - Storage Token at Precise MA60 Pivot Test
WAL trades at $0.1273, showing minimal movement (+1.27%) in an exact test of the MA60 pivot level at $0.1270. The price is consolidating within a tight 24h range ($0.1230 - $0.1298), and current volume is below its short-term averages, indicating a potential pause before a decisive move. The mixed timeframe performance (30D: +7.34%, 90D: -49.22%) places this MA60 test as a key indicator for near-term direction.
Key Levels:
Support: $0.1230 (24h Low)
Resistance: $0.1298 (24h High)
Pivot: $0.1270 (MA60 & Current Price)
Trade Idea (Pivot Decision):
Long Entry (Breakout): $0.1275 - $0.1285 (On a confirmed break & hold above MA60)
SL: $0.1250
TP1: $0.1298 | TP2: $0.1320
Short Entry (Rejection): $0.1268 - $0.1272 (On rejection at MA60, failure to hold)
SL: $0.1300
TP1: $0.1240 | TP2: $0.1230
$WAL Rationale: Price is coiling at a major moving average with low volume, creating a high-probability inflection point. The trade plan defines clear, level-based triggers to participate in either a bullish breakout from consolidation or a bearish rejection resuming the broader downtrend.
#WAL #Storage #BukhariTechTips