WAL recently broke through the $0.151 resistance level strongly, with a single-day increase of 3.86%, currently stabilizing around $0.1512. The technical outlook provides a clear bullish signal—the RSI indicator is in a healthy zone at 58.27, with the 7-day, 25-day, and 99-day EMAs forming a resonance. The upper band of the Bollinger Bands is approaching $0.152; breaking through this level could accelerate the upward movement.

From a market structure perspective, the extremely low long-short ratio of 0.24 constitutes an interesting source of momentum. Currently, short positions are highly concentrated, with widespread unrealized losses trapped. Once a wave of concentrated liquidations occurs, these funds will synergize with incremental buy orders, pushing the price higher. In the long term, the $0.135-$0.140 range is a relatively low-cost accumulation zone.

Fundamental support is also strong. After a $1.4 billion financing led by a16z, institutions implemented large-scale pledge locking, which provides a clear price floor through capital sedimentation. Meanwhile, deep integration of WAL with projects like Pudgy Penguins and Bluefin has created an ecosystem closed loop, enhancing ecological stickiness and providing ongoing price support.

Market capital flow data further confirms this trend—hourly net capital inflow reaches $9.8 billion, indicating that market participation is rapidly heating up. The short-term key level is a breakout above $0.152, with a mid-term support at the 99-day EMA around $0.144, and a long-term target at $0.166.