🚨 $WAXP /USDT ALERT: Enter NOW at 0.04254 – Breakout Momentum Building! 🚨
WAXP is trading at 0.04254, up 5.72%, after testing a high of 0.04448. The chart indicates strong bullish momentum as it holds above key moving averages (MA7 and MA25), suggesting potential for continued upward movement.
🎯 Targets to Watch:
Target 1: 0.04380 – Immediate resistance; breaking this could confirm short-term bullish continuation.
Target 2: 0.04450 – A retest of the 24-hour high; clearing this could attract significant buying volume.
Target 3: 0.04600 – A breakout level indicating strong bullish potential.
📉 Support Levels:
0.04200 (MA25): Short-term support; holding above this level is critical for sustaining the uptrend.
0.03990: Key support; a break below this level could shift momentum downward.
⚠️ Note: Monitor volume closely as WAXP approaches 0.04380. A rejection could signal a retracement, while a breakout could confirm further gains. Manage risks with tight stop-loss strategies.