$WAXP /USDT Trading Signal - Consolidation or Breakout? 🚀🔥
Entry Range: $0.0495 - $0.0500
Target 1: $0.0510 🎯
Target 2: $0.0525 🚀
Target 3: $0.0540 🔥
Stop Loss: $0.0480
Market Analysis:
$WAXP has gained over 6% in the past 24 hours, showing signs of a potential breakout above $0.0500. A move above $0.0510 could confirm further bullish momentum, targeting $0.0525 and beyond. However, if the price fails to hold $0.0480, a retracement may follow.
Pro Strategy:
Lock in partial profits at each target to minimize risk while maximizing gains.
Adjust stop-loss to breakeven once Target 1 is achieved for a risk-free trade.
Momentum Watch:
A sustained move above $0.0510 with increasing volume could lead to a rally toward $0.0540. Monitor for potential rejection at resistance levels for quick action.
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