$WET is shaping up with a clean lower-high structure after rejecting the 0.120 supply ceiling. The 1H chart shows clear distribution behavior — every bounce getting sold into, with momentum fading on each push up.
The breakdown below the 0.100 psychological level is important. That area was acting as short-term balance. Losing it shifts control back to sellers and opens the path toward resting liquidity below.
📉 Short Bias Setup
Entry Zone: 0.098 – 0.101
Stop Loss: 0.108
Targets:
• TP1: 0.092
• TP2: 0.088
• TP3: 0.082
🔎 Market Logic
– Rejection from major supply
– Consecutive lower highs on 1H
– Weak reclaim attempts above 0.100
– Momentum favoring downside continuation
If $WET cannot reclaim and hold above 0.100 with strength, downside acceleration toward the 0.090 demand pocket becomes highly probable. That zone likely holds liquidity and could act as the next reaction area.
⚠️ However, if buyers step in and flip 0.100 back into support with strong volume, shorts may face a squeeze toward 0.108–0.112.
Right now, structure favors continuation — but confirmation around 0.100 remains the key trigger level.
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