$AWE / USDT — Bullish Breakout in Play
$AWE has confirmed a strong bullish reversal after holding above the 0.0720 support zone, signaling renewed buyer strength. The 4-hour chart shows a clear breakout above 0.0780, accompanied by higher lows — a classic structure of an emerging uptrend.
Momentum indicators support this move. The RSI continues to climb, and rising trading volume adds conviction to the ongoing breakout. As long as price sustains above 0.0780, upside potential remains firmly intact.
Trade Setup:
Entry Zone: Current levels near 0.0780–0.0785
Targets:
TP1: 0.0800
TP2: 0.0830
TP3: 0.0860
Stop Loss: 0.0740
Risk Management:
Keep exposure limited to 1–2% of total capital. Once the first target is achieved, shift the stop loss to breakeven to protect gains and manage risk effectively.
Market Context:
The market structure has turned decisively bullish. Sustained momentum above the breakout level could pave the way for a continued upward move toward the next resistance zones.
Conclusion:
$AWE is showing a healthy breakout setup backed by volume, trend structure, and strengthening momentum. With disciplined execution and sound risk control, this trade offers a favorable reward-to-risk opportunity.
Always DYOR. Not financial advice.
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