#WAXP
The price is moving in a horizontal triangle on a 1-day frame and we have a support area in green at the level of 0.05500.
We have an ascent in successive stages
We have a higher stability moving average of 100
Now we have a breakout to the upside
Our RSI indicator has a well reliable uptrend
Entry price is 0.09812
The first target is 0.1106
The second...
WAXPUSDT Technical analysis update
The WAXP price is breaking the trend resistance line after 650 days of consolidation. we can expect 50%-100% move in midterm.
Buy zone : Below $0.076
Stop loss : $0.065
Regards
Hexa
◳◱ A Resistance Breakout and Confirmation has been detected on the $WAXP / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.073 | 0.0817 | 0.099, and the major support zones can be found at 0.0557 | 0.0471 | 0.0298....
![WAXPUSDT: $WAXP/#USDT [#WAX]: Resistance_Breakout_Confirmation](https://s3.tradingview.com/x/xxY9M0gB_mid.png "$WAXP/#USDT [#WAX]: Resistance_Breakout_Confirmation")
