Looking at the 1-hour K-line of WAL, the current performance of the RSI indicator is indeed interesting. RSI(7) is stuck at 49.04, RSI(12) is at 45.35, and RSI(21) is hanging at 47.26. All three lines are clustered below 50, clearly indicating that the bears still have a slight upper hand. But on the other hand, this is still far from the oversold zone at 30, so it's not considered undervalued at all.

A while ago, when the price surged to 0.1709, the RSI also hit a new high. Afterwards, the price kept falling, and the RSI has been fluctuating around 50. What's the current situation? No signs of divergence like falling price with rising RSI have appeared; it's purely a tug-of-war between the bulls and bears.

What’s next? If the RSI can break through the 50 line, the bulls might make a move, trying to push the market higher; but if it continues to hover below 50, it will basically follow the moving averages in a weak range, oscillating within the zone. In the short term, there’s no clear direction—just waiting for a definitive signal.