$AWE – Early signs of a rebound after a sharp decline 🔄📉
Bounced off the support level $0.04752 and is now trying to reclaim MA(7), currently at $0.05253.
After a continuous downtrend, this green candle with a +2.02% increase suggests a potential base formation.
A breakout above MA(7) with volume could lead to a short squeeze towards $0.06+. Watch for candle strength and confirmations.
📈 Trading Plan:
• Entry: $0.0515 – $0.0530
Targets:
•1: $0.0578
•2: $0.0635
• Stop Loss: $0.0465
Buy and trade here $AWE
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