$WAXP /USDT.

Current Price:

$0.02484 (+1.97% daily)

WAXP is currently testing short-term resistance, with some momentum as it holds above its 15-minute MA60.

📊 Market Snapshot:

MetricValue24h High$0.0251724h Low$0.0230624h Vol (WAXP)69.40M24h Vol (USDT)$1.68M

Volume is light to moderate, suitable for scalp or short swing plays.

📉 Technical Indicators (15m TF):

IndicatorValueMA60$0.02474MA(5)119,146MA(10)207,637Last Vol76,287

WAXP is above MA60, suggesting short-term bullishness, though volume is cooling down compared to earlier.

⚔️ Key Levels:

TypePrice ZoneNotesResistance$0.02500–0.02520Intraday top / round numberSupport Zone$0.02440–0.02460Prior base near MA clusterBreakdown Risk<$0.02400Leads back to daily low

⚙️ Trade Scenarios:

🔼 1. Breakout Continuation

Trigger: Strong push through $0.0252 with volume > 200K

Target: $0.0260 → $0.0270

Entry: $0.02525

Stop: $0.02485

🔁 2. Dip Entry

Buy Zone: $0.02440–0.02460 (support + MA base)

Target: $0.02500+

Stop: $0.02410

🔽 3. Short Reject

Trigger: Fail to break $0.02500 with long upper wick

Entry: $0.02490

Target: $0.02440

Stop: $0.02510

🧠 Summary:

Bias: Slightly bullish, but at local resistance.

Momentum: Holding gains above MA60.

Best Play: Wait for

a pullback entry at $0.0244–0.0246

or breakout through $0.0252 with conviction

Let me know if you'd like me to help build a short-term scalp strategy or add WAXP to a watchlist.

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