Market Overview for WAX/Tether (WAXPUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Dec 28, 2025 9:48 pm ET1min read
WAXP
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Aime RobotAime Summary

- WAXPUSDT consolidates near $0.1280, trading within a $0.1268–$0.1288 range with no clear directional bias.

- RSI remains neutral at 50, MACD near zero, and low volume confirm sideways movement with no reversal signals.

- 50-period MA supports current levels, while $0.1285–$0.1290 Fibonacci levels pose key near-term resistance risks.

- Market remains range-bound with low volatility; breakouts depend on volume spikes or decisive price action beyond consolidation boundaries.

Summary
• Price action shows a narrow consolidation pattern near $0.128.
• RSI remains neutral, with no clear overbought or oversold signals.
• Volume and turnover remain subdued, showing little directional bias.

WAX/Tether (WAXPUSDT) opened at $0.1275, reached a high of $0.1288, and a low of $0.1268, closing at $0.1280 as of 12:00 ET on 2025-12-28. The 24-hour volume was moderate, with notional turnover remaining within typical seasonal ranges.

Structure & Formations


Price action over the last 24 hours appears to be consolidating within a tight $0.1268–$0.1288 range, suggesting a lack of immediate directional bias. No significant candlestick patterns—such as engulfing or doji—emerged to indicate a reversal or continuation signal during the period.

Moving Averages


On the 5-minute chart, the 20- and 50-period moving averages are closely aligned, reflecting the sideways trend. On the daily chart, the 50-period MA continues to act as a dynamic support level, while the 200-period MA remains a key psychological resistance point above current levels.

MACD & RSI


The MACD histogram remains near zero, consistent with the flat price action. RSI is centered around 50, indicating neither overbought nor oversold conditions, and no divergences were observed between price and momentum.

Bollinger Bands


Volatility has remained low, with price staying near the center of the Bollinger Bands throughout the 24-hour period. No significant contractions or expansions were observed, suggesting continued sideways movement may persist.

Volume & Turnover


Volume and turnover were relatively low and consistent with previous sessions, showing no sudden spikes or divergences. This suggests limited conviction in either bullish or bearish direction, with the market remaining range-bound.

Fibonacci Retracements


Fibonacci levels drawn from the recent 5-minute swing suggest that $0.1285 (38.2%) and $0.1290 (61.8%) could act as potential resistance levels if a breakout occurs.

Looking ahead,

WAXPUSDT
may continue to test its consolidation boundaries in the near term. Investors should remain cautious of potential breakouts or breakdowns, particularly near the key $0.1285–$0.1290 resistance area. A sudden increase in volume or a decisive close above/below this range could signal a shift in sentiment.