$WAXP $WAXP

WAXP/USD Analysis: Key Levels to Watch

With WAXP currently priced at 0.03657, the market is at a pivotal point. Support is holding firm around 0.03400, which could present a solid buying opportunity if the price dips further. A bounce at this level would signal potential bullish momentum, offering an ideal entry for those looking to capitalize on an upward move.

On the upside, resistance sits at 0.03800. If WAXP can break above this level and sustain the upward momentum, it could pave the way for a rally towards 0.04000 or higher.

Entry strategy: Consider entering near support for a conservative approach, or wait for a clean breakout above resistance at 0.03800 to catch the next leg up. Timing your trades around these key levels will help maximize your risk-to-reward ratio. Stay vigilant to market shifts and adjust as needed!

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