$WAXP /USDT Trading Signal - Bullish Consolidation
Current Price: $0.04502 (+9.91%)
Entry Range: $0.04480 - $0.04520
Target 1: $0.04580
Target 2: $0.04650
Stop Loss: $0.04400
Market Observations:
$WAXP/USDT rallied to $0.04606 before entering a consolidation phase.
The current price is holding above $0.04500, suggesting potential for further upside.
Resistance near $0.04650 could be the next target if bullish momentum resumes.
Trade Insights:
Enter within the range as the market consolidates for a potential breakout.
Take partial profits at $0.04580 and hold for extended targets at $0.04650.
Use a stop-loss below $0.04400 to mitigate risks.
Watch closely for a breakout confirmation!
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