$WET Volume Collapse Analysis and Strategy🚨

【Reasons for the Collapse】

1. Whales Offloading: Continuously appearing solid candles with more than 48% medium bearish lines, combined with increased trading volume, clearly indicate that major players are selling near 0.21.

2. Emotion Withdrawal: A rapid reversal from a 0.9% increase to a 1.27% decrease reflects a shift in market sentiment from greed to fear.

3. Support Testing: The price repeatedly tests the critical level at 0.20, with bulls clearly lacking strength.

【Data Insights】

📈 7 out of 10 candlesticks are bearish

📉 The maximum single drop reached -1.27% (Candlestick 3)

💥 Volatility reached 2.69%, indicating a high-volatility market

🔻 The average price change is negative (-0.15%)

【Short-term Strategy】

⚠️ The current level of 0.20 is a critical psychological support

🔸 If it breaks below 0.198, stop loss immediately and short (Target 0.195)

🔸 If it stabilizes at 0.201, consider a light long position (Target 0.205)

🔸 Strictly set a 1% stop loss to avoid whipsaw movements

Summary: Bears dominate, and a wait-and-see approach is advised! If it breaks the resistance at 0.205, then consider a trend reversal.🔥

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