🚀 $WAXP /USDT: WATCHING KEY LEVELS – POTENTIAL FOR A BREAKOUT ⚡
The $WAXP /USDT pair is currently trading at $0.04498, sitting near crucial support and resistance levels. The market is in a tight range, and traders should be on the lookout for a breakout or a retracement.
📊 Trade Scenarios:
Entry Point: $0.04498
Take Profit (TP 1): $0.0470
Take Profit (TP 2): $0.0485
Take Profit (TP 3): $0.0500
Stop Loss (SL): $0.0430
Support is at $0.0430, while resistance lies at $0.0470. A breakout above $0.0470 could lead to further upside, targeting $0.0485 and $0.0500. A drop below $0.0430 could signal a bearish retracement.
📉 Market Outlook:
WAXP is currently testing support at $0.0430. If the price holds above this level, it could trigger a move towards $0.0470 and higher. A breakout above $0.0470 would confirm bullish momentum, while a drop below $0.0430 could indicate a shift toward a downward trend.
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