$WAXP

🔥 WAXP/USDT Technical Analysis: Breakout or Pullback? 🔥

WAXP/USDT is currently trading at $0.06951, showing a steady climb and setting the stage for a potential breakout. Let’s dive into the key technical levels and strategies:

Key Levels to Watch:

Support Zone: $0.067–$0.068 (a solid base where buyers have shown interest).

Resistance Zone: $0.072–$0.075 (a key hurdle that could trigger a breakout).

Market Outlook:

WAXP has maintained a bullish tone, consolidating above its support level. If the price breaks above $0.072, we could see a rally toward $0.080–$0.085. On the flip side, losing support at $0.067 may lead to a dip toward $0.065.

Entry Strategy:

1️⃣ Breakout Entry: Enter if WAXP breaks and holds above $0.072 with high volume, targeting $0.080 and beyond.

2️⃣ Pullback Entry: Look for entries around $0.068, with a stop-loss below $0.067 to manage risk.

Pro Tip:

Monitor volume spikes and RSI levels to confirm momentum. A bullish breakout could indicate stronger upside potential.

WAXP is at a pivotal moment—whether it breaks resistance or retraces, there’s opportunity for savvy traders. Are you watching this pair closely? 📈 Let’s strategize together! 💬

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