$GWEI just printed a clean reversal from the $0.1111 bottom after a brutal sell-off from $0.2500. Buyers stepped in aggressively at the lows, and price is now reclaiming short-term resistance around $0.1300 with volume picking up. The structure looks like a rounded bottom breakout rather than a dead-cat bounce.
Setup:
• Entry: $0.1260 – $0.1320
• Target 1: $0.1450 🎯
• Target 2: $0.1650 🎯
• Target 3: $0.1850 🎯
• Stop-Loss: $0.1180
Analysis: This move started after multiple tests of the $0.1111 support zone, where sellers gradually lost control and buyers began absorbing supply. The recent breakout above the local consolidation range signals momentum returning to the market. RSI is pushing above 70, showing strong bullish pressure, though a short-term cooldown wouldn't be surprising after the sharp bounce. As long as price holds above the $0.1260 area, continuation toward $0.1450 and $0.1650 remains the higher-probability path. A loss of $0.1180 would weaken the recovery structure and put the recent breakout at risk. 🚀📈
Trade #gwei here
$TAIKO $NFP
Setup:
• Entry: $0.1260 – $0.1320
• Target 1: $0.1450 🎯
• Target 2: $0.1650 🎯
• Target 3: $0.1850 🎯
• Stop-Loss: $0.1180
Analysis: This move started after multiple tests of the $0.1111 support zone, where sellers gradually lost control and buyers began absorbing supply. The recent breakout above the local consolidation range signals momentum returning to the market. RSI is pushing above 70, showing strong bullish pressure, though a short-term cooldown wouldn't be surprising after the sharp bounce. As long as price holds above the $0.1260 area, continuation toward $0.1450 and $0.1650 remains the higher-probability path. A loss of $0.1180 would weaken the recovery structure and put the recent breakout at risk. 🚀📈
Trade #gwei here
$TAIKO $NFP