🚨⚡ $WAXP /USDT ALERT: STRONG RECOVERY – COULD A BREAKOUT BE NEXT? ⚡🚨
WAXP is on the rise, currently trading at 0.03117, showing a 7.78% increase today. This recovery follows a recent dip, suggesting renewed buying interest. Key levels ahead will indicate if this momentum can sustain or if a pullback is in the cards.
💡 KEY TARGET LEVELS TO WATCH 🎯
1. First Target: 0.03134 – The nearest resistance level, aligning with the 24-hour high. A break above this could confirm bullish continuation, sparking interest for additional upside moves.
2. Second Target: 0.03560 – A significant resistance level from previous highs. If WAXP can clear this, it would suggest a stronger rally is in play, as confidence builds among buyers.
3. Third Target: 0.03928 – A major resistance from past peaks. Reaching this level would complete a substantial recovery and could attract more traders, driving a further upward move.
📉 Support Level to Watch: Should WAXP face resistance, 0.02870 serves as critical support. A drop below this could see a return of selling pressure, potentially testing lower levels.
🔥 CAN WAXP BREAK THROUGH RESISTANCE? 🔥
The setup shows potential, but WAXP needs to overcome key resistance levels to sustain its uptrend. Keep a close watch on these targets for signs of either a breakout or a pullback.