šØ $WAXP /USDT BEARISH OUTLOOK ā KEY LEVELS & TRADE SETUP šš„
WAXP is currently trading at $0.02130 (-0.79%), showing signs of weakness after failing to hold above resistance.
š TECHNICAL ANALYSIS
š» Trend: Bearish (Short-Term)
š Resistance Levels:
$0.02200 ā Major 24h resistance
$0.02180 ā Minor supply zone
š Support Levels:
$0.02108 ā 24h Low
$0.02050 ā Next major support if breakdown continues
š« TRADE SETUP (SHORT)
š Entry: $0.02130 - $0.02150
šÆ TP1: $0.02100
šÆ TP2: $0.02050
š SL: $0.02180
š Risk Management:
šø Use 1-2% of your capital only
šø Adjust position size to account for volatility
šø Set alerts at key levels for confirmation
ā ļø Patience is key! Wait for confirmation candle before entry.
š Momentum favors sellers unless price breaks & closes above $0.02180.