📢 $WAXP / USDT | 🟢 LONG | ⭐ 73%
🎯 Goal: $0.00543116. Does it achieve it?
🎯 Trading levels:
🟢 Entry: $0.005359
🛑 Stop Loss: $0.00531891
🏁 TP1: $0.00543116
🏁 TP2: $0.00547125
🏁 TP3: $0.00551935
📈 Analysis:
The market structure shows a consolidated bullish trend across multiple timeframes, supported by the formation of higher highs and higher lows. Buying pressure remains active, supported by an increase in open interest, which reflects participants’ interest in continuing the move. With strong momentum, price seeks to confirm a technical breakout to try to reach the proposed target.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 Open interest represents the total number of derivative contracts that have not yet been settled, which helps measure the flow of capital in the market.
#crypto #WAXP #trading #Bullish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and decide calmly.
🎯 Goal: $0.00543116. Does it achieve it?
🎯 Trading levels:
🟢 Entry: $0.005359
🛑 Stop Loss: $0.00531891
🏁 TP1: $0.00543116
🏁 TP2: $0.00547125
🏁 TP3: $0.00551935
📈 Analysis:
The market structure shows a consolidated bullish trend across multiple timeframes, supported by the formation of higher highs and higher lows. Buying pressure remains active, supported by an increase in open interest, which reflects participants’ interest in continuing the move. With strong momentum, price seeks to confirm a technical breakout to try to reach the proposed target.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 Open interest represents the total number of derivative contracts that have not yet been settled, which helps measure the flow of capital in the market.
#crypto #WAXP #trading #Bullish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and decide calmly.
