$GWEI IS FALLING — REBOUND LOADING!
$GWEI has moved from 0.0793 to 0.0640 — a 19% drop. RSI at 26 — oversold. Volume is moderate, but the pace is slowing. The 4-hour chart shows a steady decline with increasing volume.
Trading Plan Long $GWEI
Entry: 0.0640 – 0.0641
SL: 0.0630
TP1: 0.0655
TP2: 0.0670
TP3: 0.0690
The decline has brought price back into an area that previously rejected sellers. If buyers secure acceptance above 0.0630, a move higher toward 0.0655 and 0.0670 becomes increasingly likely
#Fed considers rate hikes #CLARITY Act faces Senate hurdles #Circle wins OCC trust bank approval #Bitcoin-backed credit study
