$WRX
šØ WRX/USDT Technical Analysis Update šØ
Current Price: $0.2458 (+2.85%)
24h High: $0.2980 | 24h Low: $0.2305
Volume: 50.57M WRX (~13.56M USDT)
š Technical Outlook
The WRX/USDT pair is showing positive momentum, supported by increased trading volume and a bullish push. Hereās a look at key technical levels and targets:
šÆ Target 1: $0.2580
A short-term resistance level based on the 4h timeframe.
A break above this level signals growing buyer confidence.
šÆ Target 2: $0.2750
Mid-term resistance near the Bollinger Band upper boundary.
This level aligns with EMA resistance and could confirm a breakout.
šÆ Target 3: $0.2980
The 24h high and a key resistance zone.
A successful test of this level could indicate a trend reversal and further upward movement.
Indicators to Watch
SAR (0.2312): Indicates support; holding above this could sustain the bullish trend.
MACD: Monitor for bullish crossovers to confirm upward momentum.
Volume: Strong volume near breakout points strengthens price moves.
ā ļø Trading Tip: Watch for price consolidations near $0.2470-$0.2500 for potential breakout confirmation. Manage risks with stop-losses near $0.2310.
Stay sharp, and happy trading! š
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