Walrus (WAL) is currently trading at $0.2241, reflecting a 14.57% increase over the past 24 hours. The daily trading range has been between $0.188712 and $0.217865, indicating a strong bullish sentiment as it surpasses the previous high within this period.

The trading volume of 104,734,783 WAL represents a volume-to-market cap ratio of 31.05%, suggesting robust market interest and potential liquidity. Moving averages indicate upward momentum, with the 8 SMA at $0.1970 reflecting a gain of 13.73%, while the 144 SMA at $0.2127 shows a more moderate increase of 5.35%.

The 1-hour RSI stands at 73, indicating that WAL is approaching overbought territory, which may lead to short-term pullbacks. In contrast, the 7-day RSI at 49 suggests that the asset is neither overbought nor oversold on a longer timeframe, providing a balanced view for potential investors.

From a price performance perspective, WAL has experienced a 1.53% gain over the past week but shows a decline of 12.28% over the past two weeks and a significant 43.89% drop over the past month. This discrepancy indicates volatility, with recent positive momentum contrasting against a bearish longer-term trend.

Considering the all-time high of $0.759179 reached in May 2025, WAL still has significant upside potential if the current bullish trend continues. However, the overbought RSI and recent performance metrics suggest caution for short-term traders.

In conclusion, while there is strong short-term momentum with a recent rally and solid trading volume, the potential for a pullback due to overbought conditions and a longer-term downtrend warrants a cautious approach. Therefore, the rating is **Hold** as investors may benefit from monitoring for further bullish confirmation before entering new positions.