šØ$WRX WRX/USDT Market Update ā Significant Decline šØ
š Current Price: $0.0821 (-26.37%)
š 24h High: $0.1290
š 24h Low: $0.0755
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š Whatās Happening with WRX?
WRX has faced a steep sell-off, losing over 26% in the last 24 hours. The price briefly touched a low of $0.0755 before recovering slightly to current levels. This sharp decline has raised concerns about short-term support levels and future price action.
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š Key Levels to Watch:
Resistance: $0.0943 ā A breakout above could signal the start of a recovery.
Support: $0.0755 ā Holding this level is critical to avoid further downside toward $0.0700.
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š” Trading Insights:
Short-Term Traders: Monitor for potential bounce opportunities around $0.0755, but use tight stop-losses.
Long-Term Investors: Assess WRX fundamentals before accumulating during this significant correction.
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ā” Market Sentiment:
WRXās significant drop highlights volatility in the market. While the price is near a key support zone, the next move will depend on trading volume and broader market conditions. Watch for any bullish momentum or continuation of the bearish trend.
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