This move looks heavy and risky right now…..
$WET Price already made a strong top near 0.32 and since then sellers are in control. Every bounce is getting sold fast. Momentum is weak and candles are closing lower.
Short idea
Entry near current price around 0.25 looks safe while price stays below 0.26. Market is still making lower highs which favors short side.
Targets…
First target around 0.24
Next target around 0.23 if selling pressure continues
Invalidation
If price goes back and holds above 0.27 then this short idea is wrong…
WETUSDT
Perp
0.25072
-9.42%