$WAXP / USDT - Recovering After a Dip on Binance! 🎬📈
Let's take a look at the 4-hour chart for $WAXP / USDT. After a recent pullback, we're seeing signs of recovery with the price currently at $0.02477.
Here's a quick overview:
* Current Price: $0.02477
* Daily Change: -7.51% (still down for the day, but showing recovery)
* Recent 4h Increase: +$0.00008 (+0.32%) - indicating a slight positive movement in the short term.
* 24h High: $0.02869
* 24h Low: $0.02456
* High 24h Volume (WAXP): 174.67M
* Decent 24h Volume (USDT): 4.67M
Observations:
* While $WAXP is still in the red for the day, the recent 4-hour candle suggests some buying pressure is returning.
* It's still significantly below its 24-hour high, leaving potential for further recovery if the trend continues.
* The trading volume remains high, indicating continued interest.
What to watch out for:
* Can WAXP continue this upward momentum and retest the $0.026 and $0.028 resistance levels?
* Will the support around the $0.0245 level hold if we see another dip?
What are your thoughts on WAXP's price action? Do you anticipate a full recovery soon? Share your analysis below! 👇
