Technical Analysis for $WRX

/USDT

Current Price: $0.1133 (+18.27%)

24h High/Low: $0.1350 / $0.0931

Momentum: Bullish (Strong upward movement with increased trading volume).

Trade Signals

1. Buy Zone: $0.1100 - $0.1150

Look for a retracement to this zone before entering.

2. Targets 🎯:

Target 1: $0.1250 (Near resistance).

Target 2: $0.1350 (Previous high).

Target 3: $0.1500 (Breakout potential).

3. Stop-Loss: $0.0900 (Below recent support).

Trade Momentum

Moving Averages:

MA (5) is slightly below the price, indicating short-term bullish momentum.

MA (10) also confirms upward trend continuation.

Volume: Increased trading activity (24h Vol: 326.50M WRX), showing strong market interest.

RSI (if applicable): Likely near overbought; watch for consolidation before further upside.

Recommendation: Enter with caution, as momentum is strong but overbought conditions may lead to short-term pullbacks. Monitor resistance levels closely.

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