GWEI/USDT (1H) Trade Plan

$GWEI ‌#UStoImpose10To12.5PercentTariffsOn60Economies
Current Price: 0.02927
Market Structure
Strong bullish trend with higher highs and higher lows.
Price is trading above the MA5, MA10, and MA30, confirming bullish momentum.
MACD remains above the signal line, although the histogram is beginning to flatten, suggesting momentum may cool after the recent surge.
The pair has rallied nearly 46% in 24 hours, so volatility is elevated and chasing green candles carries higher risk.
Key Levels
Immediate Resistance: 0.03175 (recent high)
Next Resistance: 0.03350–0.03500
Support 1: 0.02840–0.02870
Support 2: 0.02700
Major Support: 0.02550
Trade Setup 1 – Buy the Pullback (Preferred)
Entry: 0.02850–0.02880
Stop Loss: 0.02700
Target 1: 0.03170
Target 2: 0.03350
Target 3: 0.03500
Trade Setup 2 – Breakout Buy
Enter only after a 1-hour candle closes above 0.03175 with strong volume.
Entry: 0.03190–0.03210
Stop Loss: 0.03050
Target 1: 0.03400
Target 2: 0.03650
Risk Management
Risk no more than 1–2% of your trading capital on a single trade.
After Target 1 is reached, move your stop loss to breakeven.
Consider taking 50% profit at Target 1 and let the remainder run toward higher targets.
Outlook
The trend remains bullish, but the market is extended after a sharp rally. Waiting for either a pullback into support or a confirmed breakout above 0.03175 offers a better risk-to-reward opportunity than buying at the current price.