$WAXP
/USDT Technical Analysis Update 📉📈
The WAXP/USDT pair has been showing some steady movement in recent hours. Let's break down the key levels and targets to watch:
Current Price: 0.04415 USDT
Support Levels:
0.04350 USDT: A strong support that has previously held. If this level is tested again, it could present a buying opportunity.
0.04300 USDT: If the price dips below 0.04350, watch for 0.04300 as the next major support.
0.04250 USDT: A deeper support level where buyers could step in if the market sees further downside.
Resistance Levels:
0.04400 USDT: Immediate resistance seen around this level, preventing further upside.
0.04415 USDT: The current price point is testing this resistance, and a breakout above could lead to a move higher.
Key Targets to Watch 🎯:
1. Target 1: 0.04500 USDT – A break above the current resistance could push WAXP towards this level.
2. Target 2: 0.04600 USDT – As the next major resistance, this level is crucial for continued bullish momentum.
3. Target 3: 0.04700 USDT – A potential swing target if the bullish trend strengthens.
Keep an eye on these key levels for potential opportunities! As always, make sure to manage risk and stay updated on market conditions.