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【$GWEI Signal】Go long | Healthy cooling after volume breakthrough
$GWEI is being consolidated in a narrow range at a high level after the volume of 15%+ has risen. Price action is shown as healthy profit-taking digestion rather than top selling pressure. The volume and price cooperate well, and the market psychology has shifted from FOMO to calm holding.
🎯 Direction: Long
🎯 Entry: 0.0425 - 0.0432
🛑 Stop loss: 0.0408 ( rigid stop loss, below this level of structural failure )
🚀 Target 1: 0.0470
🚀 Target 2: 0.0510
The breakthrough of the $GWEI is accompanied by a significant increase in trading volume and open interest, which is a typical feature of the entry of main funds, rather than a simple short stampede. The current pullback low is above the previous breakout high, forming a higher low structure. Buying on LTF continued to absorb sell orders at the key support level (0.042-0.043 area) without panic selling. Under this structure, the price has a higher probability of continuing the uptrend after completing the healthy reset. Small losses and big profits make money with the probability of continuing the trend.
Trade 👇 $GWEI
here
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