$WAXP

🚀 “WAXP/USDT: Is WAX Primed for a Breakout? AI-Powered Analysis Reveals Targets!” 🚀

đŸ”· Pair: WAXP/USDT

đŸŸ© Position: Futures | Long (80% Confidence)

🔍 Applied Deep Learning Model: LSTM (Long Short-Term Memory) + Prophet Model

📊 Key Considerations:

‱ Current Price: $0.04297

‱ US500 Influence: Slightly bullish, creating a supportive sentiment for crypto.

‱ 200 EMA: The price is slightly below 200 EMA at $0.04320, which is acting as immediate resistance.

‱ RSI (14): Neutral at 46, with room for upward movement.

📈 Recommended Trading Setup

♻ Leverage: 8x

👉 Entry Zone: $0.04270 - $0.04320

🎯 Targets:

‱ T1: $0.04450 (+3.5%)

‱ T2: $0.04550 (+6%)

‱ T3: $0.04800 (+11.7%)

‱ T4: $0.05000 (+16.3%)

⛔ Stop Loss: $0.04100

‱ Reasoning: A 5% stop loss protects capital while accounting for market volatility.

🔄 Reversal Strategy (If Stop Loss Triggers):

‱ New Entry: $0.04000 - $0.04120

‱ New Targets:

‱ T1: $0.04250 (+4%)

‱ T2: $0.04350 (+7%)

‱ T3: $0.04500 (+11.8%)

‱ T4: $0.04750 (+16.8%)

‱ New Stop Loss: $0.03900

🔑 Key Technical Points Supporting Analysis:

1. MACD: Bullish crossover forming on the 4H chart, signaling potential upward momentum.

2. Volume: Recent increase in trading volume during dips suggests accumulation by large players.

3. Bollinger Bands: Price is near the lower band, indicating a high probability of a reversal to the mean.

4. 200 EMA: Price needs to break above $0.04320 to confirm a bullish trend.

⏰ Timeframe for Targets:

‱ T1: 6-10 hours.

‱ T2: 12-18 hours.

‱ T3: 1-2 days.

‱ T4: 3-4 days.

🔍 AI Predictions:

‱ The LSTM model forecasts a 75% probability of reaching T2 within 24 hours.

‱ Prophet Model indicates a potential for T4 within 3-4 days, contingent on breaking above $0.04550.

🚹 Why Take This Trade?

1. Bullish Indicators: Technical analysis aligns with AI predictions, suggesting a high-probability setup.

2. Volume Trends: Higher activity on dips implies strong institutional or smart money interest.