$WET
WET
Alpha
0.26913
+38.64%
Withdrawal of fluctuations after a strong breach
WET has shown a sharp upward movement with significant volume, followed by a swift rejection from the peaks, which is common after a parabolic push. The price is now stabilizing around 0.242, indicating profit-taking rather than a full trend reversal. As long as WET maintains the breakout level, the structure favors a continued bounce, but volatility will remain high and entry should be managed.
Trade Setup (Long):
Entry Area: 0.238 – 0.243
Take Profit: 0.258
Stop Loss: 0.228