Here is the professional technical analysis post based on the AWE/USDT 15-minute chart you provided:
$AWE USDT SHOWS SIGNS OF A POTENTIAL REVERSAL — KEEP AN EYE ON THIS ZONE!
Price has found support near the $0.05600 level after a sharp intraday drop. A small bullish reaction is now building, supported by oversold RSI conditions (currently ~32), hinting at a potential reversal if momentum holds. However, MACD remains bearish, so confirmation is key before any aggressive long entries.
🔻 Short Trade Signal 🔻
Entry Point: $0.05620 – $0.05650
Stop Loss: $0.05830
Take Profit Targets:
• TP1: $0.05550
• TP2: $0.05470
• TP3: $0.05380
Margin: 2–3% of wallet
Leverage: 10x
📉 Market Outlook:
The market is in a short-term downtrend with decreasing volume and weak momentum. RSI is in oversold territory but hasn't reversed yet. Until a strong bullish confirmation arrives, selling on bounces remains the safer strategy.
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buy and trade here on $AWE