WALRUS / Tether
Alış

WALRUS/USDT – Descending Triangle at Critical Support!

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WALRUS/USDT is currently trading within a descending triangle pattern on the daily timeframe. This structure is formed by a series of lower highs pressing from above (descending trendline), while the 0.36–0.40 support zone (yellow box) acts as a major floor below.

This highlights strong selling pressure from the top, but at the same time buyers are still holding the support area. The price is now consolidating within a narrowing range, waiting for a decisive breakout that will dictate the next big move.

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Bullish Scenario (Upside Breakout)

If WALRUS can break above the descending trendline with a daily close above 0.422–0.452, this descending triangle may flip into a bullish reversal. That would signal buyers regaining control.

Bullish Targets:

Target 1: 0.485

Target 2: 0.539

Target 3: 0.633 – 0.729 (if momentum continues strongly)


Validation: breakout with high volume + successful retest of breakout level as support.

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Bearish Scenario (Downside Breakdown)

If WALRUS closes daily below 0.36, the descending triangle will confirm as a bearish continuation. This shows sellers overwhelming buyers at support.

Bearish Targets:

Target 1: 0.31 – 0.30

Target 2: 0.255 (long-term demand zone)


Validation: strong bearish daily close with volume, without quick recovery above 0.36.

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Pattern & Interpretation

The descending triangle often acts as a bearish continuation pattern.

But in strong support zones, it can turn into a reversal pattern if an upside breakout occurs.

WALRUS is at a decision point: the tighter the consolidation, the bigger the potential explosive move once a breakout happens.

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Conclusion

Bias: Neutral → Bearish as long as WALRUS remains below the descending trendline.

Bullish confirmation: daily close above 0.422–0.452 → potential rally to 0.485 – 0.539.

Bearish confirmation: daily close below 0.36 → possible drop to 0.31 and 0.255.


Traders should wait for volume-backed breakout confirmation before positioning. WALRUS is now at a make-or-break level: will it bounce or break?

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#WALRUS #WALRUSUSDT #CryptoAnalysis #TechnicalAnalysis #DescendingTriangle #Breakout #SupportResistance #PriceAction

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