$WAXP is up 10.2% TODAY.
But there’s an important detail:
It already pulled back sharply from the high.**
Since 00:00 UTC:
$0.00615 → ~$0.00678
Actual move:
+10.24%
Today’s high:
$0.00733
Binance Spot turnover since 00:00 UTC:
~$1.35M
Rolling 24H:
+11.68%.
The strongest acceleration happened early in the UTC session.
Price then rejected from:
$0.00733
and returned toward:
$0.00678.
So the structure is:
breakout → liquidity spike → rejection → still +10% on the day.
I couldn’t verify a fresh WAX-specific fundamental announcement behind the move.
No confirmed catalyst found.
Watch $0.00733.
A clean reclaim would look very different from continued post-spike distribution.
But there’s an important detail:
It already pulled back sharply from the high.**
Since 00:00 UTC:
$0.00615 → ~$0.00678
Actual move:
+10.24%
Today’s high:
$0.00733
Binance Spot turnover since 00:00 UTC:
~$1.35M
Rolling 24H:
+11.68%.
The strongest acceleration happened early in the UTC session.
Price then rejected from:
$0.00733
and returned toward:
$0.00678.
So the structure is:
breakout → liquidity spike → rejection → still +10% on the day.
I couldn’t verify a fresh WAX-specific fundamental announcement behind the move.
No confirmed catalyst found.
Watch $0.00733.
A clean reclaim would look very different from continued post-spike distribution.