📉$WAXP USDT Short Setup: Bearish Continuation!
Trade Specifications:
🎯 Entry Price: $0.00708
🛑 Stop Loss (SL): $0.00750
💰 Take Profit (TP): $0.00619
According to your 1-hour chart, $WAXP has shown a sharp breakdown and is now consolidating in a bearish zone ⬇️🔥
Technical Analysis:
• Price has broken the consolidation range sharply ⚡
• 1-hour chart shows a big red candle drop, indicating high-volume selling 🔥
• The $0.00716 support has now turned into resistance
• Primary target is $0.00619, an important liquidity zone 💧
• As long as the price stays below $0.00750, the bearish bias remains valid ✅
Trading Tip:
Low-price coins like $WAXP are very volatile ⚡
Once price approaches $0.00660, move your Stop Loss to entry to keep your capital safe 💡
#WAXP #WAX #BinanceSquare #ShortSetup #BearishMove $WAXP
