$WAXP is currently hovering just above its support level of 0.01951 USDT.
With a resistance level at 0.01994 USDT, the market structure appears range-bound.
The RSI at 51.04 suggests a neutral sentiment among traders.
A breakout above resistance could present a favorable trading opportunity.
However, keep an eye on Bitcoin's performance and any macroeconomic events that could introduce volatility.
