$GWEI Accumulating in the Low Zone, Long with Discipline


Long GWEI Trading Plan (10x)
đEntry: 0.1060 â 0.1080
SL: 0.0980
TP1: 0.1150
TP2: 0.1250
TP3: 0.1380
The 0.1060 â 0.1080 zone is showing signs of consolidation after a prolonged decline. The price is no longer creating lower lows, and volume is gradually decreasing, a typical accumulation pattern before a rebound.
The SL is placed below 0.0980, a relatively clean zone. If this level is breached, the long scenario will be invalidated, and the price may seek a deeper bottom.
Step-by-step targets: 0.1150 â 0.1250 â 0.1380. Each take profit (TP) is quite far apart (~6-10% from entry), so be patient and take profits gradually.
The distance from entry to stop loss (SL) is quite wide (~7-9%). Divide your capital and manage risk well. This is a long recovery, it needs time.
Do you think this area is stable? Or is there still a risk of further decline? Comment to discuss!