$WET – Hamidi Fai swings around $0.23232: The new Solana DEX trader's playground 💥

Hamidi Fai's WET is trading around $0.22–$0.24 on Binance Futures and major markets, placing your $0.23232 level almost exactly in the current active range after a strong pump towards $0.27–$0.28 on recent Korean listings. Today's structure is bullish-but-corrective: the price has compressed over 50% on new pairs in Upbit/Bithumb, then faded back down to low levels of $0.20 as early profit-taking investors and short sellers step in.

Trading plan:

$0.224 – Main entry

$0.212 – Entry on deeper drop

Targets:

$0.248 – TP1

$0.268 – TP2

$0.295 – TP3 (Aggressive)

🛑 Stop loss: $0.198

Breaking and holding below $0.20 will indicate that the post-listing noise phase is retreating deeper and that WET may reprice in a completely lower new range; invalidating this rebound trading idea.

Leverage and risk framework

WET is currently a narrative-driven altcoin with high volume in futures; with massive 24-hour turnover and recent moves over 50%, stick to 2–4x isolated max on WETUSDT.

With entries around $0.224 / $0.212, a stop at $0.198, and targets up to $0.248 / $0.268 / $0.295, the risk-to-reward ratio is attractive, but only if position sizes are small enough to survive inevitable wicks through local levels.

$WET