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Looking at the 5-minute chart of WAL/USDT, the current bullish pattern is still very clear. MA7, 20, 60, and 120 are all aligned upward in a line, but you can also feel that the move is a bit too fast, and the divergence rate is somewhat large.
The price just reached the 0.1487 level and then pulled back. It is now running along the MA7 (0.1466) line. This position is actually not suitable for chasing highs—many people have been trapped here before.
If you hold some chips, I suggest the following operation: keep 10-20% of your core position, and don't rush to add the rest for now. Once the price falls below MA20 at 0.1451, reduce your position immediately—don't hesitate.
If the price recovers and stabilizes around MA60 (0.1415), then consider a very light 5% long position. But the prerequisite is to set the stop-loss below MA120 at 0.1411—that's the bottom line. Risk control should always be the top priority, especially in this kind of rapid upward market.