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It looks like the recent price movement of WET has already reached its peak.
The recent trend of $WET shows a significant increase, but this position is indeed a bit precarious. It is a typical top-fishing pattern—volume is starting to shrink, yet the price is reluctant to continue breaking through. Traders should pay attention to this signal.
If the subsequent rebound is weak, then this high point is likely to be a temporary ceiling. On the contrary, if it can break through with increased volume, then it would be a different story. For now, let's see how the market performs.
It’s always like this, when it rushes to the top, it starts to get timid.