Walrus (WAL) is currently priced at $0.558054, reflecting a 2.88% increase over the last 24 hours. The asset has experienced a daily range of $0.046426, with a high of $0.587621 and a low of $0.541195, indicating volatility within the session.

The trading volume stands at 32,296,025 WAL, representing 4.37% of its market capitalization, which suggests moderate interest from traders. Short-term moving averages indicate bearish sentiment, with the 8 SMA at $0.5772 showing a 3.32% decline, while longer-term moving averages like the 55 SMA at $0.5490 and 144 SMA at $0.5534 display a slight upward trend.

The Relative Strength Index (RSI) for the last hour is at 51, suggesting a neutral position, while the 7-day RSI is at 48, indicating a potential bearish momentum. Over the past week, WAL has decreased by approximately 12.95%, and the 14-day price change shows a more significant decline of 22.76%, reflecting longer-term weakness.

With the all-time high of $0.759179 reached on May 14, 2025, WAL still has a considerable distance to cover to reclaim previous highs, which may deter short-term buyers. Given the current price action, the moderate RSI readings, and the negative price trends over the last two weeks, market sentiment appears cautious.

Based on the analysis, I recommend a Hold rating for WAL. The asset shows some signs of recovery but lacks strong momentum indicators to justify a Buy at this stage, especially considering the recent price declines and bearish moving averages.