The post WAL Technical Analysis Feb 19 appeared on BitcoinEthereumNews.com.

WAL has dropped 4.86% in the last 24 hours and is stuck at the 0.08$ level under downtrend dominance. RSI at the 35 level is signaling bottoms while MACD shows bullish divergence with a positive histogram; this indecisive structure makes both an upside breakout and downside continuation possible. Current Market Situation WAL price is moving sideways around 0.08$, under negative pressure with a 24-hour change of -4.86%. The daily range has narrowed between 0.08$-0.09$, volume remains low at 4.12M$, and the downtrend continues. RSI(14) at 35.33 is approaching the oversold region but has not yet produced a definitive bottom signal. The MACD indicator hints at bullish momentum with expanding positive histogram, but the price is still below EMA20 (0.09$) and short-term bearish. Supertrend gives a bearish signal, with main resistance emerging at 0.10$. In MTF analysis (1D/3D/1W), 10 strong levels have been identified: 1 support/2 resistances on 1D, 2S/2R on 3D, balanced distribution of 2S/3R on 1W. Critical support at 0.0683 (strength:65/100), resistances at 0.0825 (62/100) and 0.0896 (62/100). This setup indicates consolidation awaiting increased volatility; traders should monitor volume and momentum changes. Scenario 1: Bullish Scenario How Does This Scenario Play Out? For the bullish scenario, a clear break above the 0.0825$ resistance is required first; then 0.0896$ and 0.10$ Supertrend resistance should be tested. RSI must cross above the 50 level to confirm momentum, and MACD histogram should expand to produce a bullish crossover. A sustained close above EMA20 (0.09$) and volume increase (above 50% of current 4.12M$) would be triggers. Holding 1D and 3D supports (0.0683$) in MTF signals a challenge to 1W resistances (0.10$+). Under these conditions, short squeeze and FOMO flow accelerate from oversold RSI, leading to a breakout from the downtrend channel. Cancellation criterion: Close below 0.0683$ invalidates the scenario. Target Levels First target…

---

Filed under: News - @ February 19, 2026 8:29 am