$AWE/USDT – Sharp Drop Unfolds, Volatility Spikes!
AWE just plunged from the recent high of $0.06918 down to the key support zone near $0.06558, signaling growing bearish momentum. The price is now trading below the 7-period moving average, pointing to short-term selling pressure. Volume patterns suggest that panic selling could still be in play.
Bearish Trade Idea:
Entry Zone: $0.0658 – $0.0663 (on a weak rebound)
Target 1: $0.0625
Target 2: $0.0600
Stop-Loss: Above $0.0695
Pro Tip: If the $0.065 support breaks decisively on strong volume, brace for a potential slide toward $0.0600.