#WAL has formed a rising wedge pattern on the 12H timeframe — typically a bearish setup. However, given the current hype around the token, it could still continue its bullish trend after a correction toward $0.6144.
📈 In case of a breakout above the pattern, the targets are:
🎯 $0.8722
🎯 $1.0101
🎯 $1.1858
📉 In case of a breakdown below the pattern, the downside targets are:
🛡 $0.5166
🛡 $0.4561
🛡 $0.4072
⚠️ Use a tight stop-loss and wait for confirmation of either a breakout or breakdown before entering.
📈 In case of a breakout above the pattern, the targets are:
🎯 $0.8722
🎯 $1.0101
🎯 $1.1858
📉 In case of a breakdown below the pattern, the downside targets are:
🛡 $0.5166
🛡 $0.4561
🛡 $0.4072
⚠️ Use a tight stop-loss and wait for confirmation of either a breakout or breakdown before entering.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.