$AWE /USDT short tread single 🛑🚦
– SHORT TRADE SIGNAL AS AI TOKEN FACES REJECTION NEAR RESISTANCE!
$AWE has climbed nearly +10% in the past 24H but is now showing signs of exhaustion after hitting the resistance at $0.06733. The price failed to hold above that level and is now pulling back with lower highs forming on the intraday chart — indicating bearish divergence and potential for a short-term correction.
Trade Setup (SHORT):
Entry Zone: $0.06550 – $0.06700
Target 1: $0.06120
Target 2: $0.05800
Stop Loss: $0.06810
Why Short?
The rally lost steam near $0.06733, with price rejecting the upper wick zone. Bearish signals are forming on the lower timeframes, and weakening buy pressure with relatively low USDT volume ($4.11M) compared to token volume suggests profit-taking is starting. Breakdown below $0.06400 could accelerate the fall.
Risk Management Tip:
Use tight SL above $0.06810 and monitor breakdown candles. Trail your stop once TP1 is hit to lock in profits.
Sell smart — don’t chase green candles when the trend is turning red!
Strike with precision — fearlessness brings the real gains!
buy and trade here on $AWE
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