$WAXP /USDT - LONG
TRADE SETUP & ANALYSIS
Key Levels:
- Buy Range: 0.004160 - 0.004214
- Risk Limit (SL): 0.004100
- Target 1: 0.004235
- Target 2: 0.004486
- Target 3: 0.004725
Chart Breakdown:
- Trend Status: On the 4h timeframe, WAX (+0.38%) is maintaining a bullish structural base, trading above dynamic moving average support at MA25 (0.004178) and baseline MA99 (0.003921), while testing immediate dynamic resistance at MA7 (0.004235).
- Structure: Following a spike to local resistance, price action has retraced to build a consolidation range right above the intermediate MA25 line, forming higher lows on the 4-hour chart.
- Execution Strategy: Entering a long position within the 0.004160 to 0.004214 range capitalizes on buyers defending intermediate support above the 24h Low. Setting a Stop Loss below 0.004100 limits downside exposure, targeting immediate resistance at MA7 (0.004235), the 24h High (0.004486), and peak expansion targets near 0.004725.#KospiFallsAsAITradingEuphoriaCools #USCorporateProfitsHitRecordHigh #QatarExtendsLNGForceMajeureByOneMonth #GoldRisesAbout14%InAugust #TRONMainnetActivatesTVMPragueOsaka $WAXP
TRADE SETUP & ANALYSIS
Key Levels:
- Buy Range: 0.004160 - 0.004214
- Risk Limit (SL): 0.004100
- Target 1: 0.004235
- Target 2: 0.004486
- Target 3: 0.004725
Chart Breakdown:
- Trend Status: On the 4h timeframe, WAX (+0.38%) is maintaining a bullish structural base, trading above dynamic moving average support at MA25 (0.004178) and baseline MA99 (0.003921), while testing immediate dynamic resistance at MA7 (0.004235).
- Structure: Following a spike to local resistance, price action has retraced to build a consolidation range right above the intermediate MA25 line, forming higher lows on the 4-hour chart.
- Execution Strategy: Entering a long position within the 0.004160 to 0.004214 range capitalizes on buyers defending intermediate support above the 24h Low. Setting a Stop Loss below 0.004100 limits downside exposure, targeting immediate resistance at MA7 (0.004235), the 24h High (0.004486), and peak expansion targets near 0.004725.#KospiFallsAsAITradingEuphoriaCools #USCorporateProfitsHitRecordHigh #QatarExtendsLNGForceMajeureByOneMonth #GoldRisesAbout14%InAugust #TRONMainnetActivatesTVMPragueOsaka $WAXP