Price has printed an ATH on April 22 for 64$ with the strong parabolic move. The drop was more serious than the upside surge as the price lost around 90%. This creates panic amongst traders as they expect more from WAVES.
This downtrend stayed approx 60 days and the price printed a LL of almost 4$. But from the previous 2 days, the Bulls stretched their muscles once again by putting so much Volume.
Price has already tried to bypass the strong resistance area but finds it difficult. So keep following the price action as we expect a strong upside in upcoming sessions. Good Luck! Trade Accordingly.
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