📊 $WAXP /USDT: Potential for a Short-Term Rally 🚀 BULL RUN CONFIRMED 💯🚀 TAKE BUYS NOW!💯
The $WAXP /USDT pair is currently priced at $0.04730, showing signs of a possible breakout. Let’s analyze the current market structure and trade setups for this pair!
📈 Trade Scenarios:
Entry Point: $0.04730
Take Profit (TP 1): $0.04850
Take Profit (TP 2): $0.05000
Take Profit (TP 3): $0.05200
Stop Loss (SL): $0.04600
Key Levels:
Support: $0.04600
Resistance: $0.04850
Currently, WAXP/USDT is testing support around $0.04600 and has shown signs of upward momentum. If it holds this level, the price could break through $0.04850 and make its way towards the next resistance level at $0.05000.
📉 Market Outlook:
If the price fails to hold $0.04600 and falls below, a deeper correction could be expected. However, as long as the price stays above support, the bullish setup remains intact.
The overall market conditions will also play a role in determining whether WAXP can sustain an upward move. Be cautious of a false breakout. Don’t forget to like, comment, and follow for more updates. Let me know which other pairs you'd like to analyze! 💬📈
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