$WET is cooling down after a strong emotional move.
Price made a sharp rally from the 0.17 area and pushed all the way to 0.32. That was a fast expansion move, driven by momentum and breakout buying. After such a run, the market always needs time to reset.
Now price is trading near 0.228. This drop looks more like profit taking than panic. Sellers are active, but there is no full breakdown yet.
The important zone to watch is around 0.22 to 0.21. This area acted as a base before the last push. Holding above it can help price stabilize and form a range.
If buyers step back in and price reclaims the 0.25 area, recovery can start slowly. But if 0.21 fails, the chart may look for deeper support before any new move.
This is not a chase zone. This is a wait and observe zone.
Strong moves are followed by quiet decisions. Let the chart show strength again before expecting the next leg.
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