$WRX
/USDT: Consolidation Near Support – Watch for Potential Reversal 🎯
Current Price: 0.0944 (down -1.36% in the last 15 minutes, but still holding a strong 24h low).
Key Levels:
Support: 0.0932 (24h Low) – Watch for potential reversal or consolidation near this level.
Resistance: 0.2508 (24h High) – Significant resistance if the price attempts a recovery.
Trade Strategy:
Buy: Look for signs of a rebound around 0.0932 or on a breakout above 0.1000.
Stop-Loss: Set a stop below 0.0900 to minimize risk in case of further downside.
Target Keys 🎯:
1. T1: 0.1000 – First resistance; take partial profits if the price tests this level.
2. T2: 0.1200 – If recovery continues, this is a logical resistance level to target.
3. T3: 0.1500 – Potential for a larger reversal, offering a higher target for long-term gains.
Risk Management: Use tight stops below 0.0900, and monitor volume for confirmation of a reversal at support or a breakout above 0.1000.
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