$WET (Last Price: $0.16004 | 24h Chg: +36.26%)
Market Overview
Strong Rally: A solid +36.26% surge with decent volume ($18.94M). This suggests strong short-term bullish momentum and a potential breakout.
Trend: Short-term bullish. Looking for continuation.
Key Levels & Next Move
Current Price: $0.16004
Key Support: The breakout level around $0.125 - $0.130 (where the current move started) is the first major support.
Key Resistance: Look for price action around the next psychological level: $0.1800 - 0.2000.
Next Move: A slight pullback to consolidate before attempting a break above 0.18 is the most likely healthy scenario.
Trade Targets (Continuation Play)
Entry: Ideal re-entry/addition on a pullback to $0.1300 - 0.1400.
TG1: 0.1850 (Testing the next structural resistance)
TG2: 0.2100 (Major psychological and potential historical level)
TG3: 0.2500 (Strong continuation target)
Short & Mid-Term Insights
Short-Term: Bullish, but watch for quick profit-taking. A healthy chart means maintaining above 0.14.
Mid-Term: If volume sustains and it breaks 0.21, a sustained uptrend could be confirmed.
Pro Tip
Momentum is strong. Look to enter on a high-volume candle closing above 0.17 (breakout confirmation) or a low-volume pullback toward 0.135 (support re-test). Set a stop-loss just below 0.12.
#TrumpTariffs #BinanceAlphaAlert #CPIWatch $WET
