$GWEI Reversal Brewing or Dead Cat Bounce?

$GWEI is showing signs of life after a sharp sell-off, bouncing from the $0.0260 demand zone and attempting to rebuild momentum. After heavy downside pressure, price is now stabilizing and testing key moving averages — a critical moment that could decide the next trend direction.

The market is shifting from panic to positioning.

Market Snapshot

Price: $0.02697 (-4.13%)

Recent Low: $0.02606 — strong buyer reaction

Local High: $0.02795 — major rejection zone

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