#WAVES/USDT is currently strongly bullish

Dec 4, 2025

#WAVES

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.

We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.

There is a key support zone in green at 0.7335. The price has bounced from this level multiple times and is expected to bounce again.

We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.

Entry price: 0.7416
First target: 0.7560
Second target: 0.7795
Third target: 0.8080

Don't forget a simple principle: money management.

Place your stop-loss order below the support zone in green.

For any questions, please leave a comment.

Thank you.

Dec 9, 2025

Trade closed: target reached

#WAVES
First target: 0.7560 Reached
Second target: 0.7795 Reached
Third target: 0.8080 Reached