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The GWEI market is showing increasing bearish pressure as long positions are being liquidated, giving sellers the upper hand.
$GWEI /USDT - SHORT
Trade Plan:
Entry: 0.02005 – 0.02020
SL: 0.02085
TP1: 0.01955
TP2: 0.01900
TP3: 0.01840
Why this setup?
The latest long liquidation indicates that leveraged bulls have been forced out of the market, often reinforcing bearish momentum. Price remains below a key resistance zone, and unless buyers reclaim the stop-loss level with strong volume, the current technical structure favors a continuation toward lower support levels. The setup provides controlled risk with an attractive risk-to-reward profile.
Debate:
Will GWEI recover and trap aggressive shorts, or will selling pressure continue driving the price toward TP2 and TP3?
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