$AWE Gaining Momentum or Fading Fast?
AWE is up +5.5% and pushing against local resistance at $0.05450. Volume is climbing, and bulls are trying to break out of a tight range. Will this lead to continuation—or another rejection?
Key Levels to Watch
Resistance: $0.05450 – If broken, a move higher could target:
TP1: $0.05520
TP2: $0.05650
Support: $0.05400 – Losing this could drag AWE toward:
TP1: $0.05320
TP2: $0.05180
Trade Setup – Breakout Watch Mode
Bullish Entry: Break and close above $0.05450 with strong follow-through
Bearish Entry: Rejection and fall below $0.05400 signals weakness
Stop-Loss: Place tight SLs — range is narrow, and momentum could swing either way
98K+ and building. If demand holds, this setup could break cleanly above resistance