Long-term trading signal for USDT stock ($AWE )
The AWE stock shows strong upward momentum after bouncing from the 0.04932 level and breaking through the resistance level of 0.053. Traders are dominating the market and looking for larger targets.
Trading settings:
Entry area: 0.05200 - 0.05300
Stop loss: 0.04980 (below the last support level)
Target 1: 0.05550
Target 2: 0.05780
Target 3: 0.06000
Risk management:
Risk only 1-2% per trade.
Adjust the position size so that one loss does not harm the account.
If the price closes below the 0.04980 level, exit to protect capital.
Outlook:
If AWE holds above the 0.05250 level, momentum may extend to test the 0.06000 level in the upcoming sessions.