WAXP Buy/Long Signal (4H)

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WAXP has filled the large previous wick, which is a strong sign of price acceptance. After that, a bullish CH was formed on the chart, confirming a potential shift in momentum. The overall price structure strongly supports long buy positions.

We have two clearly identified liquidity pools on the chart, and once these pools are swept, price has a high probability of reversing to the upside. In addition, price continues to form higher highs and higher lows, which further confirms the bullish market structure.

There are two entry zones marked on the chart, and entries should be executed using a DCA strategy to manage risk effectively. The upside targets have been clearly marked on the chart

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After hitting the first entry point, it pumped over 5% and the first target was reached
snapshot

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