Just finished reviewing the $WAXP price action, and I noticed it repeatedly tests a key level without breaking the low. This suggests that capital is quietly accumulating at the bottom. The sustainability of this rebound depends on whether it can hold above the current area, and the MACD on the weekly timeframe has also started flattening—bullish momentum is building.
I’ve placed long positions here, betting that once it breaks out, it will move into a smooth trend; logically, it makes sense.
🟢 Trade direction: Long
📍 Entry range: 0.00398 – 0.00405
🛑 Stop loss: 0.00388
🎯 Take profit 1: 0.00420
🎯 Take profit 2: 0.00435
🎯 Take profit 3: 0.00450
#WAXP
Click below to trade👇👇👇
I’ve placed long positions here, betting that once it breaks out, it will move into a smooth trend; logically, it makes sense.
🟢 Trade direction: Long
📍 Entry range: 0.00398 – 0.00405
🛑 Stop loss: 0.00388
🎯 Take profit 1: 0.00420
🎯 Take profit 2: 0.00435
🎯 Take profit 3: 0.00450
#WAXP
Click below to trade👇👇👇