【$WET Signal】Short squeeze pullback, sniper for a second surge

$WET 1H timeframe rises then pulls back, RSI drops from above 80 to 72, buying pressure is quickly absorbed after a gap in bids. The 4H Bollinger Bands widen significantly, price stays close to the upper band, MACD histogram continues to expand. Market depth shows buy orders are 1.97 times thicker than sell orders, indicating clear capital support. Negative funding rates combined with stable open interest suggest the bearish stance remains unchanged.

Price consolidates around 0.162, with bulls taking the initiative for a brief pause after a rally. Chasing the high at this level carries risk, but strong support below makes a pullback an opportunity.

🎯Direction: Pullback for long entry

⚡Entry: Buy near the lower end of the 0.1157 - 0.1615 pullback zone

🛑Stop loss: 0.1066

🚀Target 1: 0.1627

🚀Target 2: 0.1634

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect capital.

The 1H EMA20 forms a dynamic support at 0.1391, creating a multi-level defense with the 4H EMA50 at 0.1071. Volume shrinks after the rally, indicating healthy turnover. Current risk-reward ratio is acceptable; patience is key in waiting for the right entry point, avoiding emotional entries at high points. For such high-volatility assets, stop-losses must be firm.

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