Profit-taking and heavy selling pressure

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Walrus plunges 25.92% today on selling

Highlights

Walrus (WAL) trades at $0.2444, significantly below MA-20 ($0.3779) and MA-50 ($0.4032), reflecting clear seller dominance and no immediate technical support.
Following its Binance listing and BNB-based airdrop, WAL dropped sharply as early participants took profits, despite ongoing adoption of its Red Stuff technology for decentralized AI data storage.
WAL fell 25.92% intraday with RSI at 18.8 and Stoch RSI below 7, signaling an extreme oversold state and strong ongoing downward momentum.

Profit-taking hits after Binance debut and airdrop-fueled interest

Walrus debuted on Binance with the launch of spot and margin trading pairs, alongside a HODLer airdrop rewarding users who held BNB-based earning products before listing. Despite initial excitement, WAL dropped after trading began, suggesting profit-taking or repositioning by early participants. The project’s distinct Red Stuff technology continues to underline its role in decentralized data storage for AI, while expanded earning and trading features on Binance support wider adoption.

Oversold signals intensify as sharp decline meets robust trend

Momentum indicators show persistent selling, as MACD signals a downtrend and a strongly positive ADX reading points to a robust trend. Multiple oscillators confirm extreme oversold conditions: RSI sits deep at 18.8, Stoch RSI is below 7, and CCI is deeply negative. BBP suggests sellers continue to dictate short-term moves. Daily action shows a sharp decline of 25.92%, with a significant gap down at the open, and the current price is near the day’s low of $0.2286 — $0.2557. Volatility is high, and the intraday tone reflects sustained pressure from sellers after the open. Signals are mostly aligned, with momentum weakness reinforcing today’s sharp drop, though ADX warns the trend is pronounced, not exhausted.

Further downside risk builds as bullish reversal remains unlikely

For the week ahead, WAL is expected to trade between $0.2606 and $0.3027. The probability of a price increase is very low (less than 20%), making further declines much more likely in the near term. The baseline scenario is for WAL to consolidate within this weekly range as oversold conditions persist. A bullish case would require a decisive move above $0.2557 — $0.2606, bringing $0.3027 into focus. A bearish scenario unfolds if the price closes below $0.2286, exposing WAL to further downside and potentially new lows.

Anton Kharitonov, Traders Union expert, sees persistent bearish momentum in WAL after its post-listing drop and firm control by sellers, with technicals indicating weak short-term and medium-term structure. He notes that despite Binance airdrop-driven interest and unique tech claims, price action remains defensive as oversold signals dominate while resistance at $0.25 and $0.26 caps any rebound attempts. Base case remains for range-bound consolidation, with further downside likely if $0.2286 is lost, and upside scenarios are unlikely unless $0.2606 is decisively reclaimed. "Until WAL shows strength above $0.2557 — this is just noise and further declines look more probable in the current setup."

Last time we reported that the asset remains below both its MA-20, signaling persistent downward pressure. Technical analysis showed that the MACD and Awesome Oscillator both highlight strong bearish trends despite some neutral signals from RSI and other indicators.

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.