#walrus $WAL
🧵 Has the drop finally ended? Key signals appear at the 4-hour level! 🚨
📉 From 0.199 to 0.115, the pain of being cut in half is something everyone understands. But looking at this chart, I find that the bears seem to be struggling.
Here, a classic 【Chande Theory bottom divergence】 pattern is brewing, is it a “golden pit” or a “dead cat bounce”?
In-depth analysis & trading plan 👇 (1/3)
1️⃣ Technical truth:
Look at the chart! Although the price has just made a LL (0.1154), the bottom MACD is extremely “honest” — it hasn’t followed with new lows, instead, it has golden crossed upwards.
✅ Conclusion: The 4H level bottom divergence is established, the bearish momentum is exhausted, and there will inevitably be a rebound repair trend in the short term.
2️⃣ Where is the resistance? (Key!)
Don’t rush to go all in! The overall trend is still a Down Trend.
The upper area of 0.128 - 0.132 has accumulated dense 【bearish order blocks + FVG gaps】.
This is the “ghost gate” for bulls and the “sniping point” for the bears. 💀
3️⃣ My trading plan (NFA):
• Bullish idea: Don’t chase the current price. If it stabilizes after retracing to 0.120, lightly position for a rebound, target 0.128.
• Bearish idea (main strategy): Patiently wait for the price to pull back to around 0.130, if weak signals appear, decisively short! 🎯
• Stop loss: Exit if it stabilizes above 0.136, indicating a trend reversal.
Do you think this rebound can break through 0.13? Leave your thoughts in the comments! 👇
