The $WET /USDT pair is currently exhibiting a bearish trend, trading at approximately $0.1120 following a 1.97% decline in the last 24 hours. While your chart indicates a local level of $0.12, the broader market data shows the token is under pressure from a descending channel, with major resistance preventing a sustained recovery.
📊 Scalp Technicals (15m Timeframe)
Current Price: $0.1120 (stabilizing near the $0.12 psychological level you're watching).
Immediate Support: $0.1100 (psychological floor) and $0.1085.
Immediate Resistance: $0.1245 (today's immediate hurdle) and $0.1310.
Indicators:
Market Trend: The general sentiment for $WET is cautious, as it has fallen significantly over the past month.
RSI: Currently in neutral territory on the 15m chart, suggesting short-term consolidation before the next volatile move.
⚡ The 3-Hour Trade Plan (Short Scalp)
Entry Zone: $0.1180 – $0.1210 (Selling near the resistance you're watching)
Take Profit (TP):
TP 1: $0.1130 (Quick scalp exit)
TP 2: $0.1090 (Testing lower support)
Stop Loss (SL): $0.1265
Risk-to-Reward: ~1:2.3 ⚖️
Are you scalping the $0.12 rejection, or waiting for $WET to break above $0.125 for a long position? 👇
