$WAXP /USDT Long Trade Setup – Short-Term Reversal Opportunity

WAXP/USDT has shown a strong bounce from the $0.0202 support zone after a sharp selloff, now trading at $0.02044. The chart indicates a potential short-term reversal as buying pressure builds, aiming toward the immediate resistance levels above.

Entry: $0.0204 – $0.0205

Target 1: $0.0208

Target 2: $0.0210

Target 3: $0.02114

Stop-Loss: $0.0202

Risk Management: Trade with only 3–5% of your portfolio. Once Target 1 is achieved, shift stop-loss to entry for capital protection.

Pro Tip: Monitor volume closely — a rise in buying volume will strengthen this reversal and support a sustained upward move.

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