【$AWE Signal】Healthy Pullback After Long Position + Volume Breakout
After volume breakout on the 4-hour timeframe, the price is consolidating tightly above the previous high resistance zone. This is a typical healthy reset after a breakout, not a top formation. Buying pressure is continuously absorbing sell orders in the 0.074-0.075 range. Market logic indicates that the main bullish force is entering to push the price higher.
🎯 Direction: Long
🎯 Entry: 0.0750 - 0.0755
🛑 Stop Loss: 0.0738 $AWE Rigid stop loss, below the previous 4-hour candle low and dense buy zone (
🚀 Target 1: 0.0805 ) Previous high resistance (
🚀 Target 2: 0.0850 ) Fibonacci extension level (
Technical logic: After breaking through the dense trading zone at 0.072-0.074, there was no significant pullback. Instead, the price has been consolidating in a narrow range above the breakout zone (around 0.075). The 4-hour candlestick shows increasing volume and price, with open interest rising simultaneously, confirming active buying pressure. Currently, the funding rate is only 0.0050%, indicating that bullish sentiment is not overheated. Order book depth shows dense buy orders support below 0.0759, while sell orders above are sparse, resulting in small resistance. As long as the price stays above 0.0743 (the previous high), upward momentum will continue.
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【$AWE Signal】Healthy Pullback After Long Position + Volume Breakout
After volume breakout on the 4-hour timeframe, the price is consolidating tightly above the previous high resistance zone. This is a typical healthy reset after a breakout, not a top formation. Buying pressure is continuously absorbing sell orders in the 0.074-0.075 range. Market logic indicates that the main bullish force is entering to push the price higher.
🎯 Direction: Long
🎯 Entry: 0.0750 - 0.0755
🛑 Stop Loss: 0.0738 $AWE Rigid stop loss, below the previous 4-hour candle low and dense buy zone (
🚀 Target 1: 0.0805 ) Previous high resistance (
🚀 Target 2: 0.0850 ) Fibonacci extension level (
Technical logic: After breaking through the dense trading zone at 0.072-0.074, there was no significant pullback. Instead, the price has been consolidating in a narrow range above the breakout zone (around 0.075). The 4-hour candlestick shows increasing volume and price, with open interest rising simultaneously, confirming active buying pressure. Currently, the funding rate is only 0.0050%, indicating that bullish sentiment is not overheated. Order book depth shows dense buy orders support below 0.0759, while sell orders above are sparse, resulting in small resistance. As long as the price stays above 0.0743 (the previous high), upward momentum will continue.
Trade here 👇 )
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