WAL/USDT Recent Trend Analysis:

In the recent price movement of WAL/USDT, the moving average system presents an extremely steep bullish alignment, with MA7, MA20, MA60, MA120, and MA250 distributed neatly from bottom to top. After the price surged to 0.1487, a pullback occurred, and it is currently hovering around the 0.1480 level, closely adhering to MA7's position at 0.1472.

While this scenario appears strong, it actually conceals hidden risks. The moving average deviation rate has reached an excessive level, indicating that short-term bullish momentum has been significantly exhausted. Looking at the KDJ indicator, it has long entered the overbought zone, which typically means upside space is limited.

The critical support level is at MA20's 0.1457. Once this level is broken, the short-term trend is likely to face a reversal. What requires even more vigilance is that if the decline continues, it may retest the previous low of 0.1386 for a deeper pullback. The risk of such a deep correction cannot be overlooked and requires advance preparation and risk management.