WAXP sits near multi-week support — watch for mean reversion into prior supply.
WAXP is hovering around $0.020 with compressed range behavior after recent drawdowns; liquidity is building near the local lows, setting up for a volatility expansion. Watching the $0.0195–$0.0200 demand area and a rebound path into $0.0215–$0.0220 if BTC stabilizes; failure to hold opens a sweep into sub‑$0.019 liquidity. $WAXP $BTC $BNB
•Bias: Tactical-neutral while price holds above local demand; flip if a strong 4h reclaim of the $0.0215–$0.0220 supply zone comes with volume.
•Triggers: 4h close above $0.0215 with follow‑through; avoid mid‑range chop until structure resolves.
•Plan: Scale 25/35/40% on weakness into demand;
TP at $0.0215/$0.0220/$0.0227; trail to breakeven after TP1; not financial advice.