Technical analysis by WaveRiders2 about Symbol WAVES: Buy recommendation (7/1/2024)

Wave Coin is currently showing a promising bull flag pattern on the chart. This pattern typically indicates a continuation of the previous uptrend, suggesting potential for further gains. However, it's important to stay cautious as the price could also fall if the pattern fails to hold. The consolidation phase within the flag gives a chance to enter the market before the next breakout, but be mindful of key support and resistance levels. Always use stop-loss orders to protect your position and trade wisely!"