The GWEI token staged a sharp recovery, surging 38% to near $0.0275 over the past 24 hours after slipping below its Coinbase listing price of $0.039. Heavy selling over the past two weeks had pushed the token down to near $0.019. Open Interest nearly doubled to $14.85 million, signaling fresh capital entering GWEI futures markets. Long positions held roughly 57% of total Open Interest, per Coinalyze data on the 1-day timeframe. If the reversal holds, the next resistance level sits at $0.064.
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