$GWEI Perp: Bears are in control 📉
Gravity is doing its thing. Price is consistently printing lower highs and getting rejected by the EMA99 like a bad ex. That bounce from 0.0360 was weak—clear distribution happening here.
The Play: Fade the rallies.
Entry Zone: 0.0395 – 0.0407
Invalidation: 0.0455 (Hard stop)
Targets: 0.0376 | 0.0360 | 0.0338 🎯
Unless we reclaim 0.0410, it’s a straight trip to the range lows. Stay sharp.