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【$WET Signal】High-altitude sniping, rebound trading
$WET After a massive surge at the H level, it enters high-level range consolidation. The 4H Bollinger Bands have opened significantly, but the 1H MACD red histogram bars are shrinking, indicating waning momentum. The order book bid depth is imbalanced at -13.81%, and active sell pressure has begun to show.
The price repeatedly tests around 0.136. Go short directly here. Enter at 0.13630, and the stop-loss must be placed below 0.10248.
First target: 0.11397. Second target: 0.11779.
After reaching the first target, cut the position in half. Push the remaining position to break even. In this kind of high-level stall and consolidation structure, the risk-reward ratio is acceptable, but you need to react quickly.
At the 4-hour level, the volume on a single candle is unusually amplified, but subsequent buy pressure has not been able to keep up—this is a typical break in capital relay. Combined with the negative funding rate, short-term longs are overheated, and there is a need for a pullback. On the 1-hour timeframe, the price is suppressed below the EMA20, and rebounds lack strength.
Check the real-time market 👇 $WET
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