$WAXP /USDT SHORT TRADE🚀

Entry Range: 0.00740 – 0.00760

Stop Loss: 0.00795

Targets:

TP1: 0.00710

TP2: 0.00680

TP3: 0.00640

After a strong impulsive move upward, price entered a weak consolidation phase and started forming lower highs, indicating fading bullish momentum. The rejection near the 0.0078 zone suggests supply pressure, and the breakdown continuation favors a short setup.

Outlook:

Market shows exhaustion after the spike, and continuation to the downside is likely if price stays below 0.0078 resistance. Invalidation occurs on a strong breakout above the stop loss level.