$WAXP Falling Wedge Alert
$WAXP is currently trading within a falling wedge pattern on the weekly chart, with price action signaling a potential breakout near key resistance.
If the breakout is confirmed, significant upward movement is expected.
Entry Point: Watch for confirmation of the breakout near resistance.
Ideal entry as price breaks above wedge.
Target Zones:
TP1: $0.12 (First resistance level)
TP2: $0.23 (Next upside target)
TP3: $0.39 (Long-term potential)
Stop Loss: Set at $0.07 (Below the wedge's lower trendline for risk management)
Monitor $$WAXP closely for a breakout—if the price clears resistance, this could ignite a strong rally!
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