$WAXP /USDT – BEARISH STRUCTURE FORMING BELOW $0.02150
$WAXP /USDT is trading at $0.02073 after dropping over 5% in the past 24 hours. The 1H chart shows a clear downtrend with lower highs and a weak bounce failing near $0.02150. Volume remains light, indicating lack of bullish conviction.
Short Trade Setup:
• Entry: 0.02070 – 0.02110
• Take Profit 1: 0.02016
• Take Profit 2: 0.01960
• Stop Loss: 0.02160
Unless bulls reclaim $0.02180, the trend remains bearish with room for continuation. Clean short setup for momentum traders.
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