$AWE /USDT Short Trade Setup

Entry Price: 0.05097

$AWE (AI sector token) is showing signs of weakness after multiple rejections near the 0.05340 resistance level. With declining momentum and bearish pressure forming below the short-term moving averages, a short trade opportunity is emerging for traders looking to capitalize on this downtrend continuation.

The 24h volume of AWE is significantly higher at 17.24M tokens, but the corresponding USDT volume is comparatively low at $900k, hinting at speculative trading with low liquidity dominance. This supports the probability of deeper dips if bearish sentiment persists.

Short Trade Setup:

Entry: 0.05097

Stop Loss: 0.05350 (above 24h high and resistance zone)

Take Profit Targets:

Target 1: 0.04850 – recent minor support zone

Target 2: 0.04600 – key previous bounce level

Target 3: 0.04280 – deeper support zone and potential trend exhaustion area

This setup offers a favorable risk-reward ratio while trading below the 0.053 resistance cap. The price has already broken below the 0.05100 level, confirming bearish continuation. Use proper position sizing, monitor volume changes, and manage risk accordingly. Ideal for scalpers or short-term intraday swing trades while bearish momentum remains intact.

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