$GWEI is entering a major resistance zone where bullish momentum appears to be weakening and upside continuation is starting to slow down. The recent push higher looks heavily overextended, while seller pressure continues building around the current supply area. If this zone holds firmly, a sharp rejection and deeper pullback could follow.
Trading Plan — Short $GWEI
Entry: 0.155 – 0.160
SL: 0.171
Targets:
• 0.145
• 0.135
• 0.125
Price action near the highs is showing signs of exhaustion as buyers struggle to maintain control. Momentum is fading step by step, and the market structure suggests downside rotation remains highly possible if resistance keeps rejecting price.
Manage risk properly and always dyor.
Trading Plan — Short $GWEI
Entry: 0.155 – 0.160
SL: 0.171
Targets:
• 0.145
• 0.135
• 0.125
Price action near the highs is showing signs of exhaustion as buyers struggle to maintain control. Momentum is fading step by step, and the market structure suggests downside rotation remains highly possible if resistance keeps rejecting price.
Manage risk properly and always dyor.