$AWE
USDT BEARISH REVERSAL – BIG WICK REJECTION SIGNALS SELLERS’ CONTROL ⚠️
AWE showed an explosive spike but faced a heavy rejection from highs, forming a long upper wick – indicating strong selling pressure stepping in.
🔑 Key Levels:
Current Price: 0.06874
Support: 0.06500
Resistance: 0.07500 (immediate) / 0.09267 (24H high)
🎯 Trade Setup:
Entry Zone (Short): 0.06800 – 0.07000 (if price retests resistance zone with rejection candles)
Take Profit (TP):
1. 0.06500
2. 0.06000
Stop Loss (SL): 0.07550
📉 Market Outlook:
The market spiked aggressively but failed to sustain above 0.07500, with sellers pushing price down quickly. If it fails to reclaim and hold above 0.07000, further downside correction is likely.
⚠️ Risk Management:
Trade with a maximum of 1-2% risk per trade. Always wait for candle confirmation before entering shorts and avoid FOMO entries during volatility spikes.
💬 Comment ‘⚠️’ if you are ready for precise scalping setups like this today!
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