🔻 $WAXP /USDT – Short Rejection from Resistance! 🔻
Price: 0.02009
Range: 0.01964 – 0.02048
WAXP faced strong rejection after testing the 0.02048 resistance zone. The price dropped sharply after a short-term rally, forming a bearish candle near 0.02038, suggesting a possible pullback toward support.
📉 Entry Zone:
0.02010 – 0.02030
🎯 TP1:
0.01985
🎯 TP2:
0.01950
🎯 TP3:
0.01920
🛑 Stop Loss:
0.02060
💡 Pro Tip:
Wait for a clear rejection below 0.02030 to confirm downside pressure. Avoid early entries—let the setup unfold.
Bearish momentum is back—trade wisely and follow the trend.