gwe

$GWEI /USDT STRONG BREAKOUT CONFIRMED

After long consolidation around 0.0295–0.0310, $GWEI exploded with a massive 1H bullish candle straight into 0.0355 liquidity zone. This kind of expansion usually comes after accumulation — and the volume-backed breakout shows aggressive buyers stepping in.

Now price is holding above previous range high, which turns into short-term support. If this level sustains, continuation toward next resistance is likely. Rejection from 0.0355 is normal, but structure is clearly bullish unless we lose the breakout base.

Trade Setup:

Entry: 0.0338 – 0.0345
TP1: 0.0355
TP2: 0.0370
TP3: 0.0390
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#GWE #CryptoBreakou #BinanceSquare #AltcoinSetup #TechnicalTrade

$GWEI

$GWEI (ETHGas) – Expert Technical Analysis & Outlook (1H chart)
Price shown: ~$0.0313 | +179%

1) What just happened

Vertical pump → sharp dump: Price wicked up to ~0.13 and instantly sold off to ~0.011. That’s classic liquidity grab / blow-off move.

Post-dump base forming: Small consecutive green candles from ~0.011 to ~0.031 show short-term relief bounce.

Volume: Huge sell volume on the dump; rebound volume is lower → recovery is corrective, not impulsive.

2) Key Levels

Support

$0.028–0.030 (intraday pivot; losing this weakens the bounce)

$0.020–0.022 (next demand zone)

$0.011–0.013 (major bottom; loss = trend failure)

Resistance

$0.035–0.038 (first supply / likely rejection)

$0.045–0.050 (strong overhead from breakdown)

$0.070–0.080 (only if momentum fully flips bullish)

$0.13 (extreme spike high; unlikely soon)

3) Indicators (implied from structure)

Trend: Still bearish on higher timeframe after the crash.

Momentum: Short-term bullish dead-cat bounce.

MAs: Price is likely below major MAs (25/99), so rallies face selling pressure.

4) Scenarios (Next 24–72h)

Base Case (Most likely):

Range / pullback between $0.028–0.038. Sellers defend 0.035–0.038 → drift back toward $0.022–0.025.

Bullish Continuation (Lower probability):

Clean hold above $0.030 + volume expansion → push to $0.045–0.050. Expect heavy selling there.

Bearish Breakdown (Risk):

Lose $0.028 → quick drop to $0.020, possibly $0.011 retest.

5) Trading Guidance (Risk-aware)

Not a buy for mid/long-term yet. Structure is damaged.

Scalp only: Buy near $0.028–0.030, take profits $0.035–0.038.

Stop-loss: Below $0.027 (tight) or $0.020 (wider).

Avoid chasing pumps—this token shows high volatility & low holder count, typical of sharp reversals.

6) Verdict

This is a post-manipulation recovery, not a confirmed trend reversal. Expect choppy price action, lower highs, and strong sell pressure on every rally until the chart rebuilds structure above $0.05 with volume.
#GWE