$AWE

USDT BEARISH PULLBACK – SELLERS STRIKE AFTER SPIKE

The $AWEUSDT pair witnessed a sharp intraday spike towards 0.06725, but heavy selling pressure drove it down to 0.06021, resulting in a -10% decline. This signals weakness with sellers regaining control after an unsustainable breakout attempt.

🔑 Key Levels:

Support: 0.0590

Resistance: 0.0635

Current Price: 0.06021

🎯 Trade Setup (Short):

Entry Zone: 0.0608 – 0.0615

Targets: 0.0595 / 0.0580

Stop Loss: Above 0.0635

📊 Market Outlook: The recent failed breakout and rapid sell-off suggest bearish continuation. If price fails to reclaim 0.0635, momentum is likely to remain bearish towards the 0.0590 – 0.0580 support zone.

⚠️ Risk Management: Maintain strict stop losses to protect against volatility spikes. Risk only 1–2% of capital per trade to sustain performance and avoid emotional decisions during sharp intraday moves.

buy and trade here on $AWE

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