$WAXP Market Structure
Trend Medium term bullish with short-term parabolic breakout

Price Surging from 0.00630 to 0.00766; potential pullback forming near MA7

Structure Price well above MA7/25; detached from MA50/100/200

Momentum Extremely overextended RSI7-87.4, MACD histogram expanding

Holding above 0.0070 keeps bullish recovery intact; break below 0.00676 weakens setup

Immediate Resistance
0.00766 – 0.00767
Major Resistance
0.0080 – 0.0085
Immediate Support
0.0070 – 0.00710
Strong Support
0.00676
Major Support Bottom
0.00630 – 0.00635

Pullback Entry Recommended
Long Setup
Condition: Bounce from MA7 / previous resistance-turned-support
Entry Zone: 0.00690 – 0.00710
Take Profit:
TP1: 0.00760
TP2: 0.00810
Stop Loss: 0.00660

Short Setup
Condition: Rejection from local high
Entry Zone: 0.00766 – 0.00770
Take Profit: 0.00745 – 0.0070
Stop Loss: 0.00785

Breakout Entry
Long Setup
Condition: 4H candle closes above 0.00767
Entry: 0.00768+
Take Profit: 0.00820 – 0.00850
Stop Loss: 0.00735

Short Setup Trend Continuation
Condition: Breakdown below MA7 / minor support
Entry: Below 0.00676
Take Profit: 0.00630 – 0.00635
Stop Loss: 0.00690
#WAXP