⚠️ $WRX /USDT: Technical Analysis Before Delisting

🌐 Current Price: $0.0393 (-33.73%)

🔼 24h High: $0.0689

🔽 24h Low: $0.0333

With the delisting of WRX/USDT scheduled for 2024-12-25 at 08:00 (UTC+5), the pair has experienced significant price swings. Here are three key targets to watch before the pair is removed:

🎯 Target 1: $0.0450

This is the immediate resistance level. A recovery could push the price here, driven by short-term speculative trading.

🎯 Target 2: $0.0500

A mid-term psychological level. Reaching this zone would require strong buyer momentum and reduced selling pressure.

🎯 Target 3: $0.0330

A critical support level. If breached, further downside is likely as traders exit positions before delisting.

📊 Key Insights:

24h Volume (WRX): 251.73M

24h Volume (USDT): $12.51M

The elevated trading volume suggests a mix of panic selling and opportunistic trades.

🔍 Indicators Overview:

RSI: Deeply oversold, signaling a potential rebound, but risks remain high.

MACD: Bearish, indicating strong downward pressure.

💡 Risk Management Tips:

For short-term traders: Monitor $0.0450 for quick trades.

For long-term holders: Consider reducing exposure due to the imminent delisting.

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