WAXP analysis:

The price has broken above the resistance area and is currently attempting to maintain its position above it. If the candle closes above the resistance area, it will indicate a bullish trend and we can expect the upward movement to continue. You can consider opening a long position near the support area while keeping a tight stop loss.

Support Area Now: $0.0856-$0.089

Resistance Area: $0.106-$0.11