Invalidated M pattern and a Tripple Bottom with W pa to finish. Invalidated M pattern and a Tripple Bottom with W pattern to finish.
Looks bullish to me,
144 million raised at 0.40 cents give or take in the bull with sui on a run I would say the likely hood for an impulse breakout of W is high because the price has already reached above the neckline for a 4th break to the downside, I would say the triple bottom is confirmed by ending in a double bottom.
CRYPTOCAP:SUI NYSE:WAL
WALUSDT.P trade ideas
TradeCityPro | WAL: Squeezing Tight Before the Breakout👋 Welcome to TradeCity Pro!
In this analysis, I want to review the WAL coin for you. This coin belongs to the Walrus project, which is part of the SUI ecosystem and falls under the DePIN and Storage categories.
⚡️ After its airdrop, this project’s token has managed to maintain its hype and, with a market cap of $589 million, is currently ranked 97th on CoinMarketCap. Since this token has just recently launched, the analysis will be done on the 4-hour time frame.
⏳ 4-Hour Time Frame
As you can see in the 4-hour time frame, after this token’s launch on March 27, the price has formed a low and a high at the 0.3899 and 0.5903 zones respectively. It is still trading between these two levels and has yet to start a clear trend.
✔️ Currently, a descending triangle has formed. The price is forming lower highs, while maintaining equal lows, and each time the price touches these lows, the probability of a breakdown from the triangle increases.
📉 So, for a short position, I suggest definitely having a position open if the 0.3899 zone breaks. You can open this position earlier by entering on a rejection from the descending trendline or the break of 0.4101, but keep in mind that these are not the main triggers—they're just early entries in anticipation of a breakdown, so you’ll have a position ready if the zone breaks.
🔼 For a long position, the first high formed was at 0.4362. The price is currently above this level, but the breakout candle isn’t very strong, and the price hasn’t confirmed stabilization above this level yet. Also, this zone is very close to the descending trendline, so it’s not logical to enter a long position while this trendline remains unbroken.
📈 Therefore, for a long, wait for the break of the descending trendline and a pullback to this dynamic level before entering. The next triggers for upward movement are the 0.5167 and 0.5903 zones.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
#WALUSDT continues its bearish momentum 📢 As long as the price stays under $0.6000 — short BYBIT:WALUSDT.P bias remains valid.
📢 Watch for further weakness!
📉 SHORT BYBIT:WALUSDT.P from $0.5794
🛡 Stop loss: $0.6000
🕒 Timeframe: 1H
✅ Overview:
➡️ The chart shows a clearly formed and broken Bearish Rectangle, confirming a short setup after price exited the range to the downside.
➡️ The $0.6090 support level has turned into strong resistance.
➡️ Entry at $0.5794 follows a textbook breakdown and retest structure.
➡️ Target area aligns with the volume-based support near POC $0.515, offering solid R:R.
🎯 TP Targets:
💎 TP 1: $0.5725
💎 TP 2: $0.5665
💎 TP 3: $0.5600
📢 Bearish structure confirmed with increased volume.
🚀 BYBIT:WALUSDT.P continues its bearish momentum — downside potential remains active!
WAL - Walrus amazing out of box pattern!
As we seen a positive and bull steady upward market, many alts are coming up.
Wal is an great example, where we can see a broken box from a 0.6 level!
Volumes are sustain the up trend thus we are following the trend as the price confirm the upward side.
We dont have a target because we can follow the price till a possibile exhaustion pattern.
Let's see how it evolve!
Good trading!
WAL/USDT Long SignalLIMIT ORDER - #WAL/USDT
Direction: #Long 🟢
Entry Price: 0.4393
Stop Loss: 0.38132
Target 1: 0.48490
Target 2: 0.53050
Target 3: 0.57611
Target 4: 0.62171
Target 5: 0.66731
1. Technical Setup & Entry Logic
Entry at 0.4393: The price is approaching a key support/resistance flip zone, indicating a potential reversal or continuation of an uptrend.
Stop Loss at 0.38132 (~13.2% risk): Placed below a recent swing low or a critical support level to avoid premature stop-outs while maintaining a favorable risk-reward ratio.
Targets Set with Measured Moves:
T1 (0.48490): Near a previous resistance level (10.4% profit).
T2 (0.53050): Next liquidity zone (20.8% profit).
T3-T5 (0.57611 - 0.66731): Extended Fibonacci extensions or swing high projections (31.1% - 51.9% profit).
2. Risk-Reward Ratio (RRR) & Position Sizing
1:1 RRR at T1, 1:2 at T2, scaling up to 1:4+ at T5.
Conservative traders can take partial profits at T1/T2, while letting the rest run.
3. Market Structure & Trend Confirmation
Higher timeframe (HTF) trend is bullish (e.g., EMA 50 > 200, or price above key moving averages).
Break of a recent swing high or consolidation suggests accumulation before continuation.
4. Liquidity & Order Flow Analysis
Stop loss placed below a liquidity pool (mitigating stop hunts).
Targets align with untapped liquidity zones where take-profit orders may cluster.
5. Volatility & Volume Considerations
USDT pairs often have stable liquidity, reducing slippage risk.
Rising volume on upward moves supports bullish momentum.
Final Verdict:
This trade offers a high-probability entry with clearly defined risk management and a scalable profit-taking strategy. The structured approach ensures flexibility—whether the market delivers a quick 10% gain or extends into a 50%+ runner.
Execution Tip: Monitor Bitcoin’s movement (as it affects altcoins) and adjust if macro conditions shift.
