Looking at WAL's performance on the 1-minute chart, this wave of market movement is quite interesting. From the moving average layout, MA7, MA20, MA60, and MA120 are already arranged in a standard bullish formation, and they are also spreading upwards. This pattern usually indicates that the short-term buying power is not weak.

The price has pulled back from the high of 0.1487 and is now stuck around 0.1481, right along the MA7. Below, there are two more defensive lines at MA60 (0.1456) and MA120 (0.1444). Further down, MA250 (0.1419) serves as the long-term support level.

However, there's something to watch out for—the KDJ indicator is currently in the overbought zone, indicating that there might be some short-term overbuying. In this situation, a quick pullback wouldn't be surprising. But as long as the price stays above MA20 (0.1471), the bullish trend is likely to continue.