$GWEI
⚠️ Do not open a deal until you see this structure.
TARGET 1 0.052
TARGET 2 0.049
TARGET 3 0.046
Sellers are gradually increasing pressure after a period of consolidation. The market looks vulnerable to further declines.
The recent recovery has brought the price back to the area that previously acted as resistance.
If buyers fail to secure acceptance above the resistance level, a reversal down to liquidity targets is becoming increasingly likely.
#gwei #technical_analysis $PEPE #TradingCommunity $OP
⚠️ Do not open a deal until you see this structure.
TARGET 1 0.052
TARGET 2 0.049
TARGET 3 0.046
Sellers are gradually increasing pressure after a period of consolidation. The market looks vulnerable to further declines.
The recent recovery has brought the price back to the area that previously acted as resistance.
If buyers fail to secure acceptance above the resistance level, a reversal down to liquidity targets is becoming increasingly likely.
#gwei #technical_analysis $PEPE #TradingCommunity $OP