📈 $GWEI | LONG SETUP
🎯 Trading Plan:
Entry: 0.13340 0.13380
TP1: 0.13590 (+1.90%)
TP2: 0.13820 (+3.30%)
TP3: 0.14150 (+5.85%)
Stop Loss: 0.13000 (-2.55%)
📊 Technical Analysis:
On the 15M and 1H charts, GWEI is breaking out of a falling wedge with the candle closing above the resistance trendline. The Stochastic shows a bullish crossover from the oversold zone and is trending upwards positively.
Trading volume has surged around the support level of 0.13340 0.13380, confirming fresh buying interest. A clear momentum shift is evident as the price consistently holds above the EMA 20.
The supply zone near 0.13820 might create short-term pressure, but the 1.272 Fibonacci extension from the recent low indicates the potential for higher highs if the volume holds up.
Trade $GWEI directly on the chart below 👇
🎯 Trading Plan:
Entry: 0.13340 0.13380
TP1: 0.13590 (+1.90%)
TP2: 0.13820 (+3.30%)
TP3: 0.14150 (+5.85%)
Stop Loss: 0.13000 (-2.55%)
📊 Technical Analysis:
On the 15M and 1H charts, GWEI is breaking out of a falling wedge with the candle closing above the resistance trendline. The Stochastic shows a bullish crossover from the oversold zone and is trending upwards positively.
Trading volume has surged around the support level of 0.13340 0.13380, confirming fresh buying interest. A clear momentum shift is evident as the price consistently holds above the EMA 20.
The supply zone near 0.13820 might create short-term pressure, but the 1.272 Fibonacci extension from the recent low indicates the potential for higher highs if the volume holds up.
Trade $GWEI directly on the chart below 👇