$GWEI /USDT faced heavy rejection in the 0.0300–0.0313 resistance zone and failed to hold the breakout. The rejection was clear, and intraday structure is now printing lower highs, signaling weakening bullish momentum.

After the recent 8% expansion, buying pressure has cooled off. Price slipping back below 0.0285 support suggests short-term distribution and potential continuation to the downside.

As long as 0.0295–0.0300 remains firm resistance, a corrective move into lower liquidity zones looks probable.

📉 Trade Setup (Short Bias)

🔹 Entry Zone: 0.02780 – 0.02860

🎯 Target 1: 0.02700

🎯 Target 2: 0.02600

🎯 Target 3: 0.02480

🛑 Stop Loss: 0.03020

⚠️ Wait for confirmation on lower timeframes. Manage risk properly and avoid chasing volatility.

GWEIUSDT

Διην.

0.033049

+1.62%