🟥 $AWE /USDT – Momentum Fading, Bulls Need to Wake Up 🚨🔻
AWE has been on a serious downtrend since June 3rd. After reaching a high near $0.06981, it started falling fast now sitting around $0.05099. The chart shows heavy selling, with red candles dominating the 4-hour timeframe.
📊 What’s clear:
– Buyers are missing.
– Price is stuck near the bottom of the range.
– Weak consolidation = possible next leg down.
– No strong bounce = no buyer strength.
🛑 Unless AWE can push above $0.05254 or $0.05350 with real volume, this looks like it's just resting before another drop.
📉 Breaking below $0.05025 could send it lower to new supports.
Right now, momentum is clearly bearish. The price is trying to hold, but there’s no real support from buyers. If volume stays low and price stays weak, the downtrend may continue. Only a strong breakout with big green candles can change this story.
Stay cautious, watch volume, and don't rush in.