$AWE Rejection at Resistance Suggests a Pullback

Trade Setup: Short

Entry Zone: $0.0621 - $0.0624

TP1: $0.0610

TP2: $0.0600

TP3: $0.0591

SL: $0.0635

I'm bearish on $AWE after the rejection from the local resistance zone and repeated failure to break higher. The recent rally appears to be losing momentum, with sellers stepping in around the highs.

Price is struggling to sustain above resistance, and the current structure favors a corrective move lower. I'm looking for further downside as long as $AWE remains below the $0.0635 resistance area.

Use maximum 20x leverage and move SL to entry as soon as the trade goes into profit.

AWE
AWEUSDT
0.06292
+6.84%

Trade Here On 👇