Market Analysis: $WAXP Breaks Out, Eyes Bullish Target
WAXP has broken through the $0.034 level, with a target price of $0.092. The asset's momentum is propelled by growing trading volume, supported by the positive influence of FTM and $TRX.
Key factors to watch:
- Breakout level: $0.034
- Target price: $0.092
- Growing trading volume and bullish momentum
- $BTC dominance and its impact on larger market trends
Investment Opportunity:
Traders are advised to closely monitor $BTC dominance, as it will reveal larger market trends that could influence $WAXP's trajectory. By tracking this key factor, investors can time their positions effectively, maximizing their advantage as WAXP progresses toward its target.
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