【$WET Signal】High resistance at the top, waiting for a pullback confirmation

$WET 1H level high-level oscillation, 4H Bollinger upper band at 0.1492 repeatedly tested, price close to the upper limit.
Buy depth imbalance -52.91%, clear accumulation of sell orders, active buying power weakening.
1H MACD histogram contracting, bullish momentum slowing, slight divergence between price and indicator.
In a negative rate environment of -0.1373%, the price failed to push higher, and bullish short covering was hindered.

If the price cannot hold above 0.1504, consider a counterattack.

⚡Entry: around 0.1504

🛑Stop loss: 0.10617

🚀Target 1: 0.13125

🚀Target 2: 0.13961

🛡️Trade management: - Execute strategy: reduce 50% after reaching Target 1, and move stop loss to breakeven.
If the price falls back to the entry level, exit automatically to protect capital.

After a volume-driven long bullish candle on the 4H timeframe, the market enters consolidation.
Current price is above the EMA20 at 0.1346, but the 1H RSI at 67.41 has exited the overbought zone, narrowing upward space.
Order book buy orders are sparse, and the willingness to support the market with funds is weak.
Under this structure, chasing high has poor risk-reward, and it’s better to wait for a decent pullback to test support strength.

View real-time market 👇 $WET
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