โš ๏ธ $WAXP /USDT โ€“ Bearish Breakdown Threat! ๐Ÿšจ

๐Ÿ“‰ Price: $0.02679 (+15.18%)

๐Ÿ”‘ Key Levels:

Resistance: $0.0285 โ€“ $0.0300

Support: $0.0265 (critical zone)

24H Range: $0.02310 โ€“ $0.03088

๐Ÿ“Š Market Insight:

๐Ÿšจ Price is pressing against a strong support zone with repeated tests, while a descending trendline continues to compress price action.

๐Ÿ”ป Breakdown risk is high if $0.0265 failsโ€”watch for volume spike confirmation.

โš ๏ธ Bulls losing steam after the explosive move; sellers slowly gaining control.

๐Ÿ’ฃ Short Trade Setup:

Entry Zone: $0.0268 โ€“ $0.0272

Targets:

TP1: $0.0254

TP2: $0.0242

TP3: $0.0233

โต

๐Ÿ›ก๏ธ Stop Loss: $0.0284

๐Ÿ’ก Pro Tip:

Use a tight SL and scale out at targets. A 1H candle close below $0.0265 could trigger a fast dropโ€”stay alert!

$WAXP