$WAL Price Action Shows Early Signs of Accumulation #Walrus
Market Context
After a prolonged correction phase, is now trading in a compressed range, a structure often associated with accumulation rather than panic selling. This behavior is common among infrastructure tokens once early speculation fades and long-term participants step in.
Technical Observation
Price volatility has decreased noticeably, and daily candles show smaller bodies compared to earlier sell-offs. This indicates that selling pressure is weakening. While $WAL is still below major resistance zones, the lack of aggressive downside follow-through suggests sellers are losing control.
Key Levels to Watch
Support zone: The current base where price has held multiple times
Resistance zone: The upper range boundary that must be reclaimed to confirm bullish momentum
A confirmed breakout above resistance with volume could trigger a trend shift.
Outlook
As long as @Walrus 🦭/acc continues building real infrastructure utility, the market may slowly reprice $WAL based on fundamentals rather than hype. #Walrus
