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【$WAXP】Short, 4H Top Divergence/Abnormal Funding Rate/High-Level Distribution
$WAXP 4-hour MACD top divergence, price at new highs but momentum histogram contracting. Negative funding rate as high as -0.32%, short positions have obvious cost advantage, this is a typical squeeze structure. Buy depth imbalance -39.7%, heavy selling pressure above, short-term moving average support fragile.
🎯Direction: Short⚡Entry: 0.00799 - 0.00801🚀Target: 0.00730🛡Strategy: Batch take profits, guard against rebounds🛑Stop Loss: 0.00850
View real-time market 👇 $WAXP
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