$AWE loses momentum after the spike as sellers reclaim control ๐ป
The post-spike structure is deteriorating. $AWE has shifted from impulsive expansion into a tighter, more fragile distribution band, with momentum fading and supply beginning to absorb any marginal bids. The tape now reflects a market that is no longer chasing price, but testing whether late entrants can be forced into providing exit liquidity.
What retail often misses in this kind of setup is that the initial breakout is rarely the trade; the real edge comes from the rotation that follows once the first wave of buyers is trapped above support. If $AWE remains capped inside this overhead supply pocket, the path of least resistance favors mean reversion. The market looks vulnerable to a controlled unwind rather than a disorderly collapse, which is typically where institutional sellers work best.
Entry: 0.0560 โ 0.0580 ๐ฏ
Target: 0.0535 ๐
Target: 0.0515 ๐
Target: 0.0495 ๐
Stop Loss: 0.0605 ๐
Risk disclosure: This commentary is for informational purposes only and does not constitute financial advice. Always manage risk according to your own framework and live market conditions.
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