$WAXP Breakout Setup: WAX Token Eyes $0.0228 Target as Resistance Test at $0.02145 Intensifies💰
$WAXP /USDT builds momentum with +2% gains to $0.02142 - gaming token approaches critical breakout zone with higher lows pattern
WAX Protocol (WAXP) demonstrates steady accumulation with a +2% climb to $0.02142, forming higher lows while testing crucial resistance at $0.02145. This gaming-focused blockchain token shows technical strength ahead of potential breakout.
WAXP Technical Analysis
Current Performance:
Price: $0.02142 (+2.00%)
24H Range: $0.02050 - $0.02144
Pattern: Higher lows formation (bullish structure)
Critical Levels:
Resistance: $0.02150 (breakout trigger)
Support: $0.02100 (key floor)
Breakout Zone: Above $0.02145
WAXP Trading Strategy
Entry Parameters:
Zone: $0.02125 - $0.02145
Stop Loss: $0.02080 (below support)
Profit Targets: 🎯 TP1: $0.02180 (+1.8% from current) 🎯 TP2: $0.02220 (+3.6% potential) 🎯 TP3: $0.02280 (+6.4% upside)
Breakout Confirmation
Key Signal: Candle close above $0.02150 with increased volume confirms momentum continuation. Gaming tokens often see explosive moves once technical resistance breaks.
Risk Management: Tight stop loss at $0.02080 provides favorable risk-reward ratio for breakout play.
$WAXP 👈 Buy and trade now 💰
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