$WAXP / USDT – Showing Bullish Momentum After a Spike! 🔥
$WAXP is currently trading at $0.02586, showing a gain of +3.40%. The 4-hour chart indicates a recent sharp upward spike, and the price is now consolidating near the high. This suggests continued buying interest.
Potential Trade Setup:
Entry: Consider potential entries around the current level or on slight pullbacks towards $0.0257, looking for support to hold.
Target 1: $0.0265
Target 2: $0.0275
Final Target: $0.0280+ (testing previous highs)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $0.0252, to manage risk.
Key Observation: The recent strong bullish spike suggests potential for further gains if the price can hold above the immediate support levels. Watch for continuation of this momentum.
Remember to conduct your own thorough analysis before making any trading decisions. Have a great Monday afternoon here in Multan!
