WRX long term bullish

I want to quote my friend's text about WRX and comment it later: "If you are looking for a 5X to 10X gain in long term than WRX is the coin. The coin is relatively new so you have to buy in parts to average out.. But the reason iam bullish on WRX is that it is an Exchange coin of WazirX India which was bought by Binance couple of months ago. So in other words it's Binance own coin. And you know they will not let it down. The much bigger reason to buy WRX is that the team owns around 70% stake of WRX and you know what that means.. They will sell it at its ATH.. So it does have bright future ahead"

Unfortunately for me, WRX chart is very young and so can't give good support and resistance zones. But if what my friend said is at least half true (and I'm sure everything is), this coin has a bright future. And trading volume only proves it. O'm slowly accumulating it for long term hodl, although already scalped it on the way down. Buy zone #1 around 950-1000. Lower at 850 and 700. Targets all above 2000

Comment:

Fear comes into play. If bounce, then from here

Trade closed: target reached: