Today, WAL's market action is quite interesting. During the morning session, the price hovered around $0.15, moving up and down by just a few cents, making traders almost fall asleep. Unexpectedly, in the afternoon, there was a sudden violent surge, pushing the price to $0.175 within minutes, a gain of over 12%. The live stream, community, and trading channels instantly exploded with excitement, filled with cheers and cheers, and many people FOMOed in on the spot.

But here, a cold shower is needed. Looking at the candlestick chart in a zoomed-out view, this kind of sudden straight-line rise during a quiet period with no warning, I've seen too many times over the years—most likely a trap. This doesn't look like a planned trend initiation; rather, it resembles typical market manipulation, known in the industry as "stop-loss sweeping."

What's going on? The main players are using a small amount of funds to quickly push the price higher. What's their game plan? Two core objectives: first, to wipe out the short positions accumulated between $0.16 and $0.165; second, to create a false impression of a strong breakout, attracting retail investors to chase the rally, making it easier for them to offload their holdings at high levels.

This judgment has been confirmed by the facts. After the surge, buying volume immediately dried up, and the price quickly dropped back down, starting to fluctuate below $0.168. Those who chased in were instantly trapped.

Looking at the trading volume, it becomes even more obvious. During the rise, volume only modestly increased, but during the pullback, selling pressure came wave after wave. This indicates that the bulls' strength isn't that powerful—it's just a false appearance.

Now, the price has returned to the core oscillation zone between $0.15 and $0.16. This range keeps bouncing back and forth, tormenting traders and testing patience. In the short term, it depends on whether it can hold above $0.168; otherwise, further decline is also possible.