$WAXP /USDT BEARISH PRESSURE BUILDING – DOWNSIDE MOVE EXPECTED!
$WAXP is showing weakness after failing to sustain the 0.01880–0.01885 resistance zone. Sellers are gaining momentum, signaling a potential continuation toward lower support levels. Traders should prepare for short positions with precise risk management.
Trade Setup:
Entry Zone: 0.01860 – 0.01862
Take Profit 1: 0.01840
Take Profit 2: 0.01820
Stop Loss: 0.01885
Short Market Outlook:
Trend: Bearish; price struggling below key resistance.
Immediate resistance: 0.01870 – 0.01885
Key support: 0.01840 and 0.01820
Momentum favors sellers; any retracements are likely weak.
buy and trade here on $WAXP
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