WAXP is Warming Up – Ready for a Move? 🔥🚀
$WAXP is showing signs of life, slowly edging its way up from a period of consolidation. Right now, we're at $0.0316, with a slight upward trend over the past week. The volume isn't explosive, but it's steady enough to support a cautious upward climb. 🛠️
The 25-day moving average has been crossed, which signals short-term bullish momentum. However, the real challenge lies ahead – the 99-day moving average around $0.036 remains a tough wall to break. If we see an uptick in volume, we could be looking at a potential rally, pushing towards the $0.05 range. 📈
On the flip side, the low volume could spell out a lack of conviction among buyers. If this continues, we might see the price hover around the $0.03 level without making much progress. Keep a close eye on the resistance levels and volume for confirmation!
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