🤖 AI Insight

Based on the 1D chart, here's my analysis:

**Bearish trend**: The price is below both EMA7 and EMA25, indicating a bearish trend.

**RSI14 is oversold**: With an RSI14 value of 34.72, the asset is approaching oversold territory, which could lead to a potential bounce.

**MACD is bearish**: The MACD is below zero, confirming the bearish trend.

**Resistance and Support**: The nearest resistance is at 0.032, and the nearest support is at 0.01658.

**Volume Trend**: The decreasing volume trend suggests a lack of buying interest, which might limit a potential bounce.

**Recommendations**:

* **Short entry**: Consider shorting around 0.01880 (just below the current price) with a target of 0.01658 (support level).
* **Long entry**: Look for a bounce around 0.01720 (slightly above the support level) with a target of 0.01950 (EMA7 level).
* **Spot buy**: If you're looking to buy WAXPUSDT, consider entering around 0.01750, allowing for some room to move above the support level.

Remember to set stop-losses and consider your risk tolerance before making any trades.