$WET USDT just delivered a sharp rejection from 0.0943 and sellers slammed it down to 0.0868. That drop was aggressive, but now price is stabilizing around 0.0870 with early signs of momentum cooling off.
This zone near 0.0865 is acting as short term support. If buyers defend it, we could see a rebound toward the supply area again. Immediate resistance stands at 0.0898, stronger barrier near 0.0915 and major ceiling at 0.0943.
Momentum Insight
The sell off was impulsive, but candles are shrinking and volume is slowing. That often hints at exhaustion. A bounce play is possible if support holds firmly.
Entry
0.0868 to 0.0875
Targets
TG1 0.0898
TG2 0.0915
TG3 0.0940
Stop loss
0.0859
This is a reaction zone trade. If bulls step in with strength, the recovery could be fast and explosive. Stay sharp and manage risk wisely.
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WETUSDT
Διην.
0.07995
-5.39%