Chart Request: #WET

$WET has finally broken out of its descending channel and is now trying to stabilize above the former channel resistance, which has flipped into a support zone. The sell pressure has clearly slowed down, and $WET is starting to build a base after a prolonged downtrend.

WETSolana
WETUSDT
0.10779
+1.78%

As long as $WET holds above this support area, the structure remains bullish and continuation to the upside is favored. Any successful retest and hold can act as a trigger for the next move higher. Losing this zone, however, would put the breakout at risk — for now, bulls are in control.