$GWEI — Rejected at the top, but the floor is holding. Reversal setup?

Market: GWEIUSDT — USDⓈ-M Perp (Futures)

Timeframe: 1H

 

Long Plan

Entry: 0.11800 – 0.11830

Stop-Loss: 0.11400 (invalidation)

Take Profits:

 

TP1: 0.12200 (reclaim trigger)

 

TP2: 0.12800

 

TP3: 0.13500 (major target)

 

Context / Thesis

Price rejected at 0.13884 and flushed hard, but it’s not breaking down—the 0.118 zone is holding across multiple 1H candles. Selling pressure looks to be fading (no strong follow-through), suggesting buyers are quietly absorbing at support. A clean reclaim + hold above 0.122 could open the path back toward 0.128 → 0.135.

 

Risk Note (Important)

This is a Futures Perp idea. Use low leverage, size small, and respect the SL. Not financial advice (NFA) / DYOR.

 

Trade here 👇

GWEIUSDT Perp

 

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