Here is your professional technical analysis post for AWE/USDT:
š» $AWE USDT BEARISH MOMENTUM ā REJECTION SIGNALS FURTHER DOWNSIDE š»
AWE faced a strong rejection from the $0.06132 high and is now trading below all major moving averages on the 15m timeframe. This breakdown confirms bearish momentum with sellers controlling the current market direction.
š„ Trade Setup (Short)
Entry Zone: $0.06010 ā $0.06050
Take Profit 1: $0.05950
Take Profit 2: $0.05880
Take Profit 3: $0.05750
Stop Loss: $0.06140
š Market Outlook
Momentum: Bearish, with strong rejections from local highs and continuation patterns forming below MA(7), MA(25), and MA(99).
Trend: Downtrend expected to extend if $0.05950 fails to hold as immediate support.
#AWE #AWEUSDT #CryptoTrading #BearishSetu p #Breakdown
buy and trade here on $AWE