$WAXP NFT Showing Bullish Momentum! 🚀
On the 15m timeframe, $WAXP currently at $0.02677, up by a solid +4%! The 24h high is $0.03200, with a significant volume of 110M WAXP and 2M USDT. The RSI is elevated at 76, indicating increasing buying pressure in this short timeframe.
✅ Key Observation:
#WAXP is showing consistent upward momentum on the 15-minute chart, approaching its 24h high.
next Next Potential targets:
🎯 $0.02700 (immediate resistance)
🎯 $0.02800 (potential next resistance level)
🎯 $0.03000 (potential further resistance if momentum continues)
🎯 $0.03200 (24h high - significant resistance)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $0.02650 (potential near-term support zone)
🛡️ $0.02600 (stronger support level)
🛑 Stop Loss: Consider a stop loss around $0.02550 to manage risk in this volatile short timeframe.
📈 **Potential Price Path in the Next Hours:**
#WAXP is exhibiting steady bullish momentum on the 15-minute chart. A break above the immediate resistance at $0.02700 could lead to a test of the $0.02800 level. Sustained buying pressure might then push it towards $0.03000 and potentially the 24-hour high at $0.03200. However, given the short timeframe, be prepared for rapid price fluctuations. Watch the RSI for potential overbought signals and monitor the support levels for any signs of a pullback.
Buy and trade here on $WAXP