WAL breaks through the $0.151 mark with recent strong performance. Market data shows a daily increase of 3.86%, with the price stabilizing above $0.1512. The 99-day EMA provides solid support, and the relative strength index is performing well in the market.

From a technical perspective, several indicators are noteworthy. The RSI is at 58.27 and continues to rise; the 7-day, 25-day, and 99-day moving averages are resonating, offering strong support; the upper Bollinger Band is approaching $0.152. Once this level is broken, the next target is $0.166. More importantly, the degree of short position congestion is worth noting—the 0.24 long-short ratio indicates highly concentrated short positions, with 80% of large holders already at a loss. Such extreme conditions often signal a potential reversal.

The WAL application ecosystem is continuously expanding. Integration with projects like Pudgy Penguins and Bluefin is deepening, and decentralized storage application scenarios are gradually opening up, with practical value continuously being released. Institutional signals are also significant—A16z led a $140 million funding round, coupled with large-scale staking plans, boosting institutional confidence. Community consensus is also at an all-time high.

In terms of market participation, hourly net capital inflows have reached $980 million, reflecting increasing market enthusiasm. Some leading exchanges are also promoting incentive programs related to WAL trading pairs.

Regarding technical targets, the short-term focus is on breaking through $0.152; whether the bulls can accelerate depends on this. Maintaining the $0.144 level supported by the 99-day EMA is crucial in the medium term. In the long term, the $0.135-$0.140 range can serve as a reference area for building positions. The overall trend still points upward.