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【$WAXP】Long Position, 4H Volume Breakout/Negative Funding Rate Short Squeeze/Structure Confirmed
$WAXP 4-hour volume surged to 6.687 billion, price broke through the long-term bottom range. With negative funding rate at -0.35%, price remains resilient—a classic short squeeze structure where forced short liquidations will provide additional momentum. Bollinger Bands expanding upward, price holding firmly at upper band, bullish momentum not yet exhausted.
🎯Direction: Long⚡Entry: 0.00737 - 0.00756🛡Strategy: Scaled profit-taking, prevent drawdowns🚀Targets: 0.00901 / 0.00973🛑Stop Loss: 0.00720
View Live Chart 👇 $WAXP
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