$WET USDT
$WET made a strong impulse from $0.096 → $0.1299 and is now pulling back to $0.1182 on the 1H timeframe. This looks like a normal retracement after a breakout spike — not a full reversal yet.
Structure: Bullish (higher highs & higher lows)
Momentum: Cooling slightly after rejection at $0.1299
Volume: Elevated but declining from peak
Key Levels:
Support:
$0.1160 (minor intraday level)
$0.1100 (strong structural support)
$0.1030 (major demand zone)
Resistance:
$0.1230
$0.1299 (recent high)
$0.1380 (if breakout continuation)
If $0.116 fails, price likely revisits $0.110 quickly.
If bulls hold above $0.110 and reclaim $0.123, another breakout attempt toward $0.13–$0.138 is very possible.
Important: After vertical candles like this, market usually consolidates before next leg. Chasing green candles near resistance is risky — pullback entries are safer.
Short term outlook: Bullish but consolidating
Mid term outlook: Bullish above $0.110
Invalidation: Clean break below $0.103
Targets (continuation scenario): TG1: $0.123
TG2: $0.1299
TG3: $0.138
Right now it’s a breakout-retacement structure. The next 2–3 candles near $0.116–$0.110 will decide whether this continues or cools off deeper.
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