$WET WET showed a strong upside move after holding a long base near the lower zone. The sharp push came with momentum, followed by a healthy pullback. Right now, price looks like it’s cooling down rather than breaking down.
What stands out
Short-term trend: Still bullish, but correcting
Momentum: Slowing after a fast move
Volume behavior: Spike already happened, now stabilizing
Future view (personal opinion)
Short timeframe (1H–4H): Price may move sideways or retest support before the next move. A calm phase here would be healthy.
Mid timeframe (1D): As long as the base holds, the structure supports another attempt upward. Losing this zone could mean deeper consolidation before continuation.
This looks more like a pause after strength, not weakness. Market is deciding the next direction.
This is only a personal market view, not financial advice. Everyone is responsible for their own decisions.
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$WET WET showed a strong upside move after holding a long base near the lower zone. The sharp push came with momentum, followed by a healthy pullback. Right now, price looks like it’s cooling down rather than breaking down.
What stands out
Short-term trend: Still bullish, but correcting
Momentum: Slowing after a fast move
Volume behavior: Spike already happened, now stabilizing
Future view (personal opinion)
Short timeframe (1H–4H): Price may move sideways or retest support before the next move. A calm phase here would be healthy.
Mid timeframe (1D): As long as the base holds, the structure supports another attempt upward. Losing this zone could mean deeper consolidation before continuation.
This looks more like a pause after strength, not weakness. Market is deciding the next direction.
This is only a personal market view, not financial advice. Everyone is responsible for their own decisions.