👀 ON WATCH: $WAXP
🔴 Potential SHORT setup forming on 1h, but confidence is still moderate at 53%.
Watching: 0.003656–0.003663
Why this setup?
• Key support at 0.003619, resistance at 0.003737
• Price is currently sitting right inside the entry zone
• EMA20 (0.003655) < EMA50 (0.00367) < EMA200 (0.003743) — clean bearish trend structure
• RSI at 37.4 — neutral, room to move either direction
Not a signal yet — just on the radar.
⚠️ Not financial advice. Manage your risk and size positions responsibly.
🔴 Potential SHORT setup forming on 1h, but confidence is still moderate at 53%.
Watching: 0.003656–0.003663
Why this setup?
• Key support at 0.003619, resistance at 0.003737
• Price is currently sitting right inside the entry zone
• EMA20 (0.003655) < EMA50 (0.00367) < EMA200 (0.003743) — clean bearish trend structure
• RSI at 37.4 — neutral, room to move either direction
Not a signal yet — just on the radar.
⚠️ Not financial advice. Manage your risk and size positions responsibly.