Technical analysis by CryptoAnalystSignal about Symbol WAVES: Buy recommendation (12/4/2025)

#WAVES The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 0.7335. The price has bounced from this level multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 0.7416 First target: 0.7560 Second target: 0.7795 Third target: 0.8080 Don't forget a simple principle: money management. Place your stop-loss order below the support zone in green. For any questions, please leave a comment. Thank you.