A $1.44K LONG liquidation just hit $WET at $0.11452, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep clears weak hands and often opens a volatility window as price looks for its next direction.
With leverage removed, $WET is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $WET could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 0.1125 – 0.1160
TP1: 0.1235
TP2: 0.1325
TP3: 0.1450
SL: 0.1085
Post-liquidation moves can be sharp — let price action confirm direction.
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