$AWE /USDT 4H Trade Setup
Market Insight:
$AWE is showing bullish momentum with a +7.24% increase, currently trading near the 24h high. Volume is relatively strong, indicating good interest.
Entry Zone:
Between 0.05630 - 0.05750 USDT — this range is around recent support and near current price, offering a good risk/reward.
Targets:
0.05910 — recent 24h high and immediate resistance.
0.06100 — next psychological resistance zone.
0.06350 — extended target based on prior price action and momentum.
Stop Loss:
Below 0.05300 — under recent 24h low, invalidating the bullish momentum if broken.
Key Levels:
Support: 0.05630, 0.05470, 0.05315
Resistance: 0.05913, 0.06100, 0.06350
Moving Averages: MA(5) ~2.44M volume, MA(10) ~1.33M volume (showing good trade volume interest)
Pro Tip:
Look for confirmation with a strong 4H candle close above 0.05750 before entry. Keep an eye on volume spikes to confirm sustained buying pressure.
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