【$WET Signal】Rebound to go long, 4H level short squeeze structure

$WET 4H level a single massive bullish breakout above the Bollinger upper band, then a pullback to EMA20. 1H MACD double lines at high position dead cross, but the price consolidates sideways in the 0.145-0.147 zone, quickly digesting selling pressure. Market depth shows sparse sell orders, buy orders are 1.6 times thicker than sell orders, and the capital support intention is fully exposed. Combined with a -0.195% negative funding rate, shorts are passively paying costs, and the short squeeze structure is forming.

🎯Direction: Pullback to go long

⚡Entry/Order placement: Within the 0.11042 - 0.14678 range, actively enter when the price pulls back near 0.1310 (1H EMA20).

🛑Stop loss: 0.10428

🚀Target 1: 0.14738

🚀Target 2: 0.14797

🛡️Trade management: - Execute strategy: After reaching Target 1, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 1H EMA20, actively exit.

Current position volume is stable, and after a massive rally, there is no panic selling, which is characteristic of a strong consolidation. In a negative funding rate environment, short positions' costs continue to rise, and any slight price increase may trigger a chain of stop-loss buy orders. The risk-reward ratio at this position requires precise entry points for optimization; blindly chasing highs is not advisable, but the odds of a pullback are sufficient for active setup.

Check real-time market 👇 $WET
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