$WAXP /USDT is pumping hard today! 🚀
Short Trade Alert: WAXP Overheated – Time to Take Profits & Short the Pullback!
Current price hovering around 0.0075 USDT (perps/spot showing ~0.00746–0.00759 range)
+16–19% surge in 24h – massive green run after bouncing from lows ~0.0063!
But watch out: momentum looks stretched!
RSI likely overbought territory after this sharp rally (similar to prior pumps fading fast)
Recent high near 0.00825 already rejected – rejection candle vibes
Volume spiked on the way up, but crypto alts often dump after hype exhaustion
EMAs may start curling down if we fail to hold gains
This feels like a classic pump & dump setup – short the retrace while the hype cools!
Trade Setup (Short):
Entry: Around current ~0.0075 or on rejection near 0.0076–0.0078
Take Profit: 0.0068 (first target, ~9–10% downside) → 0.0063 (extended, near recent support)
Stop Loss: 0.0080 (above today's high for safety, ~6–7% risk)
Always use tight risk – max 1-2% per trade, leverage responsibly on Binance futures!
WAXP showing volatility – could drop quick if buyers fade. Grab the short before reversal!
Short $WAXP /USDT Now! Hit sell & turn on notifications 🔔✅ Follow for more alerts!
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