GWEI is sitting on a strong demand zone after the recent sell-off.

Price is starting to bounce from this area, and the key move to watch is a break and hold above $0.026–$0.027. If GWEI breaks that zone and holds it as support, that would be a bullish confirmation and could open the way toward $0.035, $0.048 and eventually $0.07–$0.10.

As long as the demand zone keeps holding, I’m watching this for a potential reversal.