Wait until you see how $WET is reacting to this consolidation zone.
The price was just ranging sideways forever between 0.208 and 0.213 until that massive hourly candle finally broke through. It’s a clean breakout, but now we’re seeing a little bit of a wick at the top near 0.225 where sellers stepped in. I’m watching to see if this pullback stays above the 0.218 level. If that holds as new support, the next run could easily target the 0.235 area where the original drop started.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Wait until you see how $WET is reacting to this consolidation zone.
The price was just ranging sideways forever between 0.208 and 0.213 until that massive hourly candle finally broke through. It’s a clean breakout, but now we’re seeing a little bit of a wick at the top near 0.225 where sellers stepped in.
I’m watching to see if this pullback stays above the 0.218 level. If that holds as new support, the next run could easily target the 0.235 area where the original drop started.
#SantaRallyBegins