๐ WAXP/USDT โ Accumulation signal, gearing up for a new volatility spike
#WAXP currently trading around 0.00666 USDT, after a strong correction from the recent highs. The H1 timeframe shows price moving sideways in an accumulation phase with a tight range, and selling pressure is starting to weaken.
๐น RSI is sitting in the low zone ~36 โ the market isn't too hot yet
๐น Volume remains stable โ funds are still watching
๐น Nearest support zone: 0.00661 โ 0.00657
๐น If support holds, a bounce back to test the 0.00678 โ 0.00690 range is definitely possible
โ ๏ธ This current phase is suitable for observing price reactions rather than
#FOMO! .
Prioritize capital management and wait for clear confirmation signals before entering any large positions.
๐ The market always has opportunities for the patient.
#WAXP #Crypto #Binance $Trading #USDT #Altcoin #PriceAction #CryptoMarket