📉 $WAXP /USDT – Is the Bottom In? Sideways Action Signals Accumulation 🔄
WAXP is trading at $0.02049, just above the recent low of $0.01973 and hugging the lower Bollinger Band on the 4H chart.
Price is compressing in a tight range — a classic sign of potential accumulation before volatility returns.
Buyers are slowly stepping in, holding key support, and momentum indicators are showing early recovery signals. 🧐
📊 Trading Plan & Signal:
• Entry: $0.0205 – On breakout from range
• TP1: $0.02075 – Mid Bollinger Band
• TP2: $0.02170 – Upper Band resistance
• TP3: $0.02230 – Previous swing high
• SL: $0.01950 – Below current support zone
🔔 Watch for a volume spike – it may trigger the next breakout leg.
This setup favors patient traders eyeing a low-risk, high-reward move.