Walrus (WAL) is currently trading at $0.399621, reflecting a 4% decline over the last 24 hours. The price has experienced a daily range between $0.391771 and $0.416272, indicating some volatility but a downward trend in the immediate short term.

The volume stands at approximately 23.34 million, representing 4.23% of the market cap, which suggests moderate trading activity relative to its overall size. However, the negative price changes over 7 days (-2.01%) and 14 days (-2.86%) highlight a bearish sentiment, particularly when considered alongside a significant 30-day price decline of nearly 20.49%.

Technical indicators further support this bearish outlook. The hourly moving averages are all trending downwards, with the 8 SMA at $0.4003 reflecting a slight decline of 0.17%, and the longer-term 144 SMA at $0.4129 indicating a more substantial drop of 3.21%. The 1-hour RSI at 36 suggests the asset is nearing oversold conditions, while the 7-day RSI at 52 indicates a neutral momentum, yet lacks strength for a bullish reversal.

Given the current price action, declining moving averages, and recent price trends, Walrus is positioned under pressure. The all-time high of $0.759179 achieved in May 2025 remains far from the current price, illustrating significant potential downside if the trend continues.

Considering all factors, the recommendation for Walrus (WAL) is a Sell rating. This conclusion is supported by the consistent downward movement across various time frames, lack of bullish momentum, and potential for further declines in the absence of a strong reversal catalyst.