$WAXP /USDT BEARISH SETUP

WAXP continues to trade under key resistance levels, showing rejection around the 0.0098–0.0100 zone, indicating weak bullish momentum and a likely continuation to the downside. The consistent lower-high structure suggests sellers are still in control.

SHORT ENTRY SETUP

Entry: 0.00960 – 0.00970

TP1: 0.00940

TP2: 0.00925

TP3: 0.00905

SL: 0.00985

RISK MANAGEMENT:

Use strict position sizing, stick to the stop loss, and avoid over-leveraging to minimize drawdown.

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