+9.75% for Walrus — sellers dominate even as price nears session highs

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Walrus gains 9.75% to $0.1295 today

Highlights

WAL closed at $0.1295, remaining below MA-20 ($0.1325), MA-50 ($0.1562), and MA-200 ($0.3235), confirming sustained multi-timeframe bearish pressure.
Momentum is negative with D1 MACD and high ADX signaling strong bearish trend while daily RSI (31.7) and weekly RSI (29.7) indicate oversold conditions.
WAL is expected to trade between $0.115 and $0.135 over the next five days, with less than 20 chance of a sustained rise and bearish bias prevailing.

Bearish momentum persists amid resistance tests and oversold signals

Technically, the closest dynamic resistance is defined by the Ichimoku Kijun at $0.1429, while immediate support is found near the session low around $0.1154. Momentum signals remain mixed: D1 MACD and ADX keep pointing to bearish momentum and weakness, with a high ADX value confirming strong trend pressure. Both daily RSI (31.7) and weekly RSI (29.7) now signal that WAL is bordering on oversold conditions, strengthened by a negative BBP value suggesting seller dominance throughout the session. Other oscillators such as Stoch RSI and CCI both support a bearish or oversold setup, despite the asset currently pushing toward today's highs—a notable divergence from broader long-term momentum indicators.

Limited rebound prospects as downside risk dominates near-term range

Looking out over the next five trading days, WAL is likely to trade within a typical volatility band between $0.115 and $0.135, representing a ±10% range from the current level. The probability of a sustained price rise is low (less than 20%), with bearish signals from both daily and weekly charts making a downside scenario more likely. The base case expects range-bound, sideways activity in this band, with potential for reversal only if WAL can decisively clear resistance at $0.143. However, failure to hold support at $0.115 could accelerate losses in line with the ongoing bearish trend visible on higher timeframes.

Viktoras Karapetjanc, expert at Traders Union, notes that Walrus (WAL) remains under pressure across all key moving averages, but a recent price rebound signals some near-term optimism. He believes mixed momentum and oversold readings open the door for tactical buyers, especially if support at $0.115 holds. However, Karapetjanc sees low probability of a lasting breakout without a clear move above $0.143. In his view, the current sideways action reflects heavy bearish sentiment amid a lack of supporting news. "If WAL can defend support and reclaim resistance, short-term sentiment could quickly shift in bulls’ favor," he says.

Last time, analysts noted that Walrus (WAL) remained under selling pressure, trading below key moving averages with technical momentum indicators such as MACD, ADX, and RSI signaling persistent bearishness despite oversold conditions. The asset is expected to consolidate between $0.144 and $0.170, with dynamic resistance at $0.2091 and a continued downside bias unless it can sustain a move above $0.170.

Source of Data: WAL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.