【$AWE Signal】Long | Healthy Consolidation After Breakout with Volume
After a volume breakout on the 4H timeframe, the price consolidates tightly above the breakout level, forming a healthy reset. The order book shows significantly deeper buy orders than sell orders, and the funding rate remains positive but not overheated, indicating that bullish sentiment is steady rather than driven by FOMO.
🎯 Direction: Long
🎯 Entry: 0.0745 - 0.0750
🛑 Stop Loss: 0.0693 $AWE Rigid stop loss, below the low of the previous 4H bullish candle (
🚀 Target 1: 0.0820
🚀 Target 2: 0.0880
Technical Logic: After breaking through the key supply zone at 0.0679-0.0680, the price did not experience a significant pullback but instead oscillated narrowly between 0.0700-0.0750. The 4H candlestick shows a bullish structure with high volume breakout followed by low volume pullback, indicating that selling pressure has been effectively absorbed. The order book displays far more buy orders than sell orders, providing immediate support for the price. Coupled with rising open interest and positive funding rates, this structure is a typical bullish continuation pattern, with a high probability of testing higher liquidity zones.
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$AWE #Is the current market bottoming out or just watching?
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【$AWE Signal】Long | Healthy Consolidation After Breakout with Volume
After a volume breakout on the 4H timeframe, the price consolidates tightly above the breakout level, forming a healthy reset. The order book shows significantly deeper buy orders than sell orders, and the funding rate remains positive but not overheated, indicating that bullish sentiment is steady rather than driven by FOMO.
🎯 Direction: Long
🎯 Entry: 0.0745 - 0.0750
🛑 Stop Loss: 0.0693 $AWE Rigid stop loss, below the low of the previous 4H bullish candle (
🚀 Target 1: 0.0820
🚀 Target 2: 0.0880
Technical Logic: After breaking through the key supply zone at 0.0679-0.0680, the price did not experience a significant pullback but instead oscillated narrowly between 0.0700-0.0750. The 4H candlestick shows a bullish structure with high volume breakout followed by low volume pullback, indicating that selling pressure has been effectively absorbed. The order book displays far more buy orders than sell orders, providing immediate support for the price. Coupled with rising open interest and positive funding rates, this structure is a typical bullish continuation pattern, with a high probability of testing higher liquidity zones.
Trade here 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!
$AWE
#Is the current market bottoming out or just watching?