$WRX /USDT Binance 1D Analysis š„
Trend Analysis:
$WRX has shown a recovery of 8.13% after a sharp decline, now trading at $0.0745. The price remains under significant bearish pressure, with major resistance at $0.0900. If it breaks above this level, WRX could target $0.1000 and beyond. However, failure to hold above $0.0700 may lead to further downside toward the $0.0620 support zone.
Trade Setup:
šµ Long Setup:
Entry Zone: $0.0700 - $0.0750
Targets: $0.0900 | $0.1000 | $0.1200
Stop Loss: $0.0650
š“ Short Setup:
Entry Zone: $0.0900 - $0.1000
Targets: $0.0750 | $0.0650
Stop Loss: $0.1050
Leverage: 5x recommended for futures traders.
Next Move:
$WRX needs to reclaim $0.0900 for a bullish continuation. Failure to hold $0.0700 could signal bearish momentum, pushing the price toward $0.0620. Monitor volume for breakout confirmation.
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