WRX/USDT Update: WRX is showing a +7.29% increase, now $WRX at $0.1133. Monitoring shows strong momentum with recent gains among top movers. Current MAs suggest a mixed trend: MA(7) at 0.1153 hints at potential support, while the longer MA(99) at 0.1288 may act as a resistance if upward pressure builds.
Indicator Insights: The current price is just under MA(7), indicating possible support near this level. The recent high of 0.1250 and low of 0.1038 in the 24h range highlight the coin’s volatility. The depth data shows significant resistance around 0.1440.
Trade Signals:
Long Trade: Possible if price moves above 0.1153 (MA(7)) with confirmation on the 15m chart.
Short Trade: Consider entry below 0.1133 if it breaks recent lows, watching MA(25) at 0.1200 as a resistance level.
