WAL recently broke through the key level of $0.151, with a daily increase of over 3.86%, stabilizing around $0.1512. From a technical perspective, the 99-day moving average provides solid support, which many investors regard as an important reference for the medium-term trend.

The signals at the indicator level are quite interesting. The RSI remains at 58.27, showing a healthy upward momentum. The short-term moving averages (7-day, 25-day) and the long-term moving average (99-day) form a three-line resonance pattern, which often indicates the accumulation of bullish momentum. The upper band of the Bollinger Bands is approaching $0.152; once this resistance is broken, the next focus will be on $0.166.

It is worth mentioning the situation of short positions. The market long-short ratio is about 0.24, indicating that the bearish forces are relatively concentrated. About 80% of the large short positions are currently in floating loss. This highly unbalanced position structure, to some extent, hints at the possibility of reverse volatility.

From an ecological perspective, the integration of WAL with Pudgy Penguins and Bluefin deepens the implementation of decentralized storage applications, gradually opening up practical scenarios. There are also highlights on the financing side—$140 million in funding led by a16z, combined with large-scale staking mechanisms, clearly boosts institutional confidence.

Recently, a leading platform launched an incentive pool of 1.3 million WAL. Trading WAL/USDT and WAL/BNB spot pairs can participate in sharing rewards, along with additional rewards for social tasks, attracting a considerable amount of new funds. Data shows that hourly net capital inflow has reached $980 million, reflecting high market activity.

In terms of operation, closely monitor the breakthrough of $0.152 in the short term. Once this level is stabilized, $0.166 will become the next target. Maintain a medium-term defense at the 99-day moving average of $0.144, with the trend still leaning bullish. From a long-term perspective, the $0.135–$0.140 zone can be considered as a potential entry point. At this stage, participating allows for sharing the expected gains from price appreciation and catching the platform’s incentive mechanisms. Such a window period is indeed worth paying attention to.