$AWE /USDT – Bearish Rejection From Resistance, Pullback Likely
Price tapped the 0.05500 resistance (24H high zone) and got rejected, forming lower highs on lower timeframes. Momentum is weakening after the recent pump, suggesting profit-taking + short-term correction. Volume is not expanding on upside, indicating fading bullish strength.
Structure shows: • Strong resistance → 0.0548–0.0550
• Breakdown zone → 0.0528–0.0530
• Support cluster → 0.0500 psychological + 0.0497 daily low
Bias favors a short pullback trade unless price reclaims 0.055 with strength.
🔻 Trade Setup (Short)
Entry range: 0.0528 – 0.0534
Target 1: 0.0518
Target 2: 0.0506
Target 3: 0.0497
Stop Loss (SL): 0.0552
🔑 Key Levels
• Resistance: 0.0548 – 0.0550
• Intraday pivot: 0.0530
• Supports: 0.0518 / 0.0506 / 0.0497
📉 Short Outlook
If price stays below 0.055, bears likely push toward 0.050 zone.
Break below 0.0528 can accelerate downside momentum.
Only a strong reclaim above resistance invalidates the short bias.
