Walrus price outlook: Seller pressure limits recovery attempts

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Walrus slides 8.62% to $0.0264 today

Highlights

WAL/USD remains under sustained bearish pressure, trading well below key moving averages across timeframes.
Momentum indicators confirm a dominant bearish trend, with oversold conditions suggesting weak demand and limited upside potential.
Over the next 2–3 sessions, price is expected to consolidate between $0.0253 and $0.0275, with a 77% probability of further downside if support breaks.

Bearish momentum persists as technical barriers cap price action

On the h1 timeframe, WAL is trading below the MA-20 at $0.0273 and MA-50 at $0.0283. The asset also remains firmly under the MA-200 on the daily chart at $0.0703, while the Ichimoku Kijun level at $0.0277 is acting as immediate resistance. Momentum signals remain weak: both MACD and ADX indicate a bearish environment, with RSI at 27 placing the asset in oversold territory. The Stoch RSI suggests a potential buy signal, but CCI and Bull/Bear Power confirm continued seller dominance. The Awesome Oscillator is currently neutral, not reinforcing the prevailing downward momentum.

Downside risk dominates outlook amid low probability of reversal

Over the next 2–3 sessions, WAL/USD is expected to range between $0.0253 and $0.0275, with a 23% probability of an upward move and a 77% likelihood of further downside. The base case scenario sees the price consolidating sideways; a convincing break above $0.0277 would open the door to a short-term rebound, while a drop below $0.0253 would signal renewed bearish momentum.

Anton Kharitonov, analyst at Traders Union, notes that Walrus (WAL) is under significant technical pressure with no supportive news to change sentiment. He sees prevailing bearish signals, with multiple indicators pointing to continued selling and only a slight chance for a short-term rebound if resistance at $0.0277 is reclaimed. Kharitonov remains defensive, stressing the base case is consolidation within $0.0253–$0.0275. "Until we see a decisive move above $0.0277, I remain skeptical of any bullish reversal here," the expert concludes.

Earlier, analysts noted that Walrus was exhibiting sustained bearish momentum amid weak technical signals and a cautious outlook. The latest data reinforce this negative bias, with sellers remaining in control and a decisive move below $0.0253 likely to accelerate downside pressure in the sessions ahead.

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.