$WAXP
/USDT Trading Signal - Range-Bound With Breakout Potential
Current Price: $0.04520 (+9.92%)
Entry Range: $0.04500 - $0.04550
Target 1: $0.04600
Target 2: $0.04650
Stop Loss: $0.04430
Market Observations:
$WAXP/USDT is consolidating near $0.04520 after testing resistance at $0.04606.
Strong support is observed around $0.04495, providing a base for potential upward movement.
A breakout above $0.04550 could trigger a test of higher resistance levels.
Trade Insights:
Enter within the range as price consolidates with potential bullish momentum.
Secure partial profits at $0.04600 and hold for extended targets at $0.04650.
Place a disciplined stop-loss below $0.04430 to manage downside risks.
Monitor for breakout signals to capitalize on the move!