$WAXP /USDT BEARISH BREAKDOWN LOOMS – SELLERS DOMINATE!
$WAXP is under strong selling pressure after a sharp 3.44% drop, failing to sustain above key support around 0.01936. The pair is likely to test lower levels as bearish momentum accelerates, with short-term bears clearly in control.
Trade Setup:
Entry Zone: 0.01930 – 0.01936
Take Profit 1: 0.01910
Take Profit 2: 0.01890
Stop Loss: 0.01955
Short Market Outlook:
Momentum is bearish with repeated lower highs and a struggle to maintain intraday support. Key levels: resistance at 0.02011 and support at 0.01925. Trend favors further downside, and high selling volume (19.13M WAXP) indicates continuation risk if 0.01925 breaks decisively. Watch for short-lived bounces but remain bearish-biased.
buy and trade here on $WAXP
#CryptoTrading #WAXPUSDT #BearishSetup #NFTCrypto #MomentumTrade