$WRX 💯💰🤑
/USDT Technical Analysis: A Strong Uptrend in the Last 30 Days
The WRX/USDT pair is currently trading at $0.2305, showing a slight pullback of -0.26% in the past 15 minutes. Despite this short-term dip, WRX has demonstrated significant growth over the last 30 days, posting a +76.70% increase.
Key Levels:
Support Level: Around $0.2297 (24h Low), which has held strong in recent trading sessions.
Resistance Level: Close to $0.2794 (24h High), marking a potential area for upward breakout.
Market Sentiment:
The 24-hour trading volume remains strong, with 20.24 million WRX and 5.02 million USDT transacted, suggesting healthy market activity and investor interest.
Moving Averages: The 50-day and 200-day moving averages indicate a bullish long-term trend, supported by consistent price growth.
Outlook:
If WRX manages to break the $0.2700 resistance level, we could see a continuation toward the next key level of $0.3000.
However, a drop below the support at $0.2297 could signal further consolidation or potential downside to $0.2200.
WRX has shown impressive resilience in the market, with a +87.63% increase in the last 90 days, indicating a strong upward trend overall. Keep an eye on price action for possible breakout opportunities.
This post provides technical analysis with key levels, recent performance, and potential market outlook for WRX/USDT.