WAL this coin has been getting interesting lately. Market cap is 244 million, with a total circulating supply of 5 billion. Currently, only 1.577 billion are actively circulating in the market, and the price is stuck at 0.154.
Looking at the daily chart, the big players have already released a lot of chips during the first round of distribution. Now the price is moving sideways at the bottom, and the pattern is very clear—initially a violent rally to attract retail investors following the trend. During this phase, there aren't many genuine buy-in orders, so the upward push will be quite aggressive and sustained.
The trading idea is: directly go long within the 0.145 to 0.155 range. The take-profit target is set at 0.175. This is a typical bottom accumulation and rebound distribution strategy, and the timing looks quite good.
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AirdropHunterWang
· 23h ago
The market is so fragmented, with a circulation of only 1.577 billion? Just looking at this data, you should be cautious and not get washed out by the big players.
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ProofOfNothing
· 01-09 14:46
The dealer's tricks are played out, repeatedly hitting the bottom just to lure me into following? We've all seen through it.
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PebbleHander
· 01-09 04:57
Oh man, I've seen this routine too many times—buying the dip at the bottom to rebound and sell off. Sounds nice, but in reality, it's just waiting for retail investors to take the bait. Planning to buy between 0.145 and 0.155—what's the point? Feels like the risk is pretty high.
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RugDocDetective
· 01-09 04:56
Oops, with such a scattered market, do the big players still dare to push? Try your luck with 0.145, it's just about the same anyway.
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TrustlessMaximalist
· 01-09 04:55
Haha, this market is so fragile, only 30% of the circulation is active, it breaks with a single poke.
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APY_Chaser
· 01-09 04:48
Uh... this coin is a bit fragile, with such a small circulating supply, a single big bearish candle can push it down.
WAL this coin has been getting interesting lately. Market cap is 244 million, with a total circulating supply of 5 billion. Currently, only 1.577 billion are actively circulating in the market, and the price is stuck at 0.154.
Looking at the daily chart, the big players have already released a lot of chips during the first round of distribution. Now the price is moving sideways at the bottom, and the pattern is very clear—initially a violent rally to attract retail investors following the trend. During this phase, there aren't many genuine buy-in orders, so the upward push will be quite aggressive and sustained.
The trading idea is: directly go long within the 0.145 to 0.155 range. The take-profit target is set at 0.175. This is a typical bottom accumulation and rebound distribution strategy, and the timing looks quite good.