$AWE Strategic Entry & Why a Short Squeeze is Loading.....
$AWE is currently exhibiting strong bullish momentum on the 4H timeframe. Despite a 60% Short bias in the order book, price action remains constructive, signaling a potential Short Squeeze if resistance is breached.
Trade Execution:
* Entry Zone: $0.0595 – $0.0605 (Wait for the retest)
* Target 1: $0.0632 (Local Resistance)
* Target 2: $0.0685 (Trend Extension)
* Stop Loss: $0.0570 (Strict Risk Management)
Thesis: We are looking to buy the dip rather than chasing the peak. The high short-interest ratio suggests high liquidity to the upside if the $0.0633 level breaks.
Trade Review: Does your analysis align with this setup? Share your thoughts below.
AWEUSDT
Perp
0.05714
+0.24%