$WRX
Faces Final Countdown – Major Volatility Ahead Before Delisting!
The WRX/USDT pair is trading at $0.1217, marking a significant 19.90% surge within 24 hours. The recent spike brought WRX to a high of $0.1350 before facing resistance and retracing slightly. This movement comes as WRX is set to be delisted on December 25, 2024, adding a layer of urgency and risk to trading activities.
On the 15-minute chart, the Relative Strength Index (RSI) at 58.59 indicates moderate momentum, while the MACD hints at a potential continuation of the current uptrend. The critical support at $0.1182 will be essential to monitor, as a breakdown below this level could signal further declines. Conversely, a breakout above $0.1350 resistance could trigger an aggressive rally, driven by speculative interest in WRX's final trading days.
Traders should approach with caution, as volatility is expected to rise as delisting approaches. Tight risk management and quick decisions will be key to navigating this high-risk, high-reward scenario. #Write2Earn! #Fed25bpRateCut #BinanceAlphaAlert