$WET
WET just printed a short liquidation at 0.22429 and price is trying to stabilize slightly above that zone. Shorts got trapped betting on deeper downside in a thin liquidity pocket.
Current state
Price is hovering around the 0.225 region, with quick wicks both ways as the market decides its next direction.
Key support
First support sits at 0.219 where buyers previously defended.
Deeper support is near 0.212 which would be a stronger demand zone if volatility$WET
WETUSDT
Perp
0.20246
-9.34%