$WRX Poised for Breakout: Short-Term Targets Within Reach
$WRX is currently trading at $0.2835 on the 15-minute chart, showing sustained bullish momentum after a breakout from the low of $0.2354. The price is consolidating just below the $0.2980 resistance level, indicating a potential move higher if buyers maintain control.
For an optimal entry, consider entering between $0.2820 – $0.2840. Immediate targets are set close to capitalize on short-term gains, with TP1 at $0.2880, TP2 at $0.2920, and TP3 at $0.2980. On the downside, a stop-loss at $0.2780 will help manage risk if the price fails to hold support.
With RSI at 59, WRX remains in a healthy zone, and the MACD signals continued momentum, making this a critical moment for traders. Watch for a volume increase to confirm a breakout toward the upper targets.