$WRX : Ready to Bounce? 🚀

Market Update:

• Current Price: $0.1316 (+1.86%)

• 24H High: $0.1527

• 24H Low: $0.1238

• Volume: 20.03M WRX

Technical Analysis:

1. Key Moving Averages:

• MA(7): $0.1296 (acting as immediate support)

• MA(25): $0.1308 (currently being tested)

• MA(99): $0.1239 (strong long-term support)

2. Trend Movement:

WRX experienced a sharp spike to $0.1527 but faced resistance.

• The price is stabilizing around the MA(25), indicating a potential reversal.

3. Volume Insights:

• The recent surge in volume during the spike shows strong buying interest.

Outlook:

• Bullish Scenario: A breakout above $0.135 could target $0.145 and beyond.

• Bearish Scenario: Failure to hold $0.130 may lead to a retest of $0.125 support.

Eyes on WRX for a decisive move—time to ride the wave? 🌊

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