🚀 $GWEI Performance Snapshot
$GWEI just made a wild move. Price is sitting near $0.030, up 174%+, and the chart tells a story of extreme volatility followed by stabilization.
📈 What caught my attention
• Massive spike to around $0.13, followed by a sharp correction
• Price found a base near $0.011 and bounced strongly
• Now consolidating around $0.03, holding above short term averages
• Volume has cooled, suggesting panic selling is over
📊 Current structure This looks like post spike digestion. After an aggressive wick and dump, GWEI is moving sideways with smaller candles, which usually means the market is deciding direction.
👀 Levels I’m watching
• Support around $0.028 to $0.03
• Resistance near $0.035 Holding support keeps the recovery structure valid. Losing it could invite another shakeout.
🧠 My take This is not a clean trend yet. It’s a high risk, high volatility zone. I’m personally waiting for confirmation instead of chasing the move.
Do you think $GWEI builds a real base here or was the spike just a one off 👇🔥