$GWEI (ETHGas)
ENTRY: 0.1345 - 0.1280
TP1: 0.1465
TP2: 0.1550
TP3: 0.1650
SL: 0.1180
ETHGas ($GWEI ) is settling into an incredibly important defensive zone on the daily chart. Following a multi-day correction down from the $0.150 area, the price is tightly coiling near its immediate support baseline at $0.130. The current reduction in daily volume suggests selling pressure is nearing exhaustion as the market establishes a local floor.
Technically, holding the $0.120–$0.130 support belt is the absolute line in the sand to preserve the macro bullish structure. If the bulls can confidently absorb the recent token unlocks and reclaim the local overhead resistance at $0.1465, a swift short-squeeze back toward $0.1550 and $0.1650 looks highly probable. Watch the volume closely for signs of accumulation and manage your risk with strict discipline!
#GWEI #ETHGas #Ethereum #CryptoAnalysis #BinanceSquare $GWEI
