GWEI is showing one of the stronger recovery structures. After sweeping lower levels near 0.094, price rebounded aggressively and is now trading back around 0.139 with a strong daily green candle. The important part is that buyers are stepping in again after the big volatility wick.
The chart shows clear accumulation after the previous drop. If GWEI can hold above the 0.12 to 0.13 zone, the next bullish confirmation would be a reclaim of 0.144 and then a push toward the 0.16 region. The long upper wick shows supply exists, but the current bounce shows demand is still active.
