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📊 Analysis: WAXPUSDT (1h)

Price: 0.02051 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 26.87 | Resistance: 0.022 | Support: 0.02028 | Average Volume: 1468377.01 | Volume Trend: Increasing

🤖 AI Insight

Based on the provided technical analysis and current market prices, here is the advice:

1. Long Entry Price Strategy:
- Wait for the price to break above the resistance level (0.022) with a significant volume surge.
- Place your long order entry when the price closes above 0.022 and confirms the breakout.

2. Short Entry Price Strategy:
- Wait for the price to break below the support level (0.02028) with a significant volume increase.
- Place your short order entry when the price closes below 0.02028 and confirms the breakdown.

Additionally, consider the following factors before making your investment decision:
1. Market sentiment: Assess if bullish or bearish sentiment is prevailing among traders and investors.
2. Fundamental analysis: Evaluate the project's developments, team, and market potential to decide if the asset deserves your consideration.
3. Trading experience: Be familiar with order types, risk management, and executing trades within your crypto exchange.

Once the price breaks above the resistance or below the support level based on the entry strategy you prefer, enter the trade with proper stop-loss and take-profit levels. Always consult current market updates before making any investment decision.