【$WET Signal】Short squeeze pullback, sniper rebound

$WET 1H level price firmly held below EMA20, MACD fast and slow lines crossed bearish and diverging downward, bearish momentum bars still expanding. But the order book is interesting, buy-side depth is unbalanced -9.54%, sell orders are noticeably thinner, and there is support around 0.141. Negative fee rate of -0.1373% plus stable open interest indicate that short positions are not low-cost, making this structure prone to a quick rebound.

🎯Direction: Long

⚡Entry/Order: Enter directly in the range of 0.14297 - 0.14441.

🛑Stop loss: 0.14182, exit if broken.

🚀Target 1: 0.14958

🚀Target 2: 0.15217

🛡️Trade management:
- Execution strategy: Take half profit at the first target 0.14958, move the remaining stop loss up to the cost basis. If the price pulls back to the lower end of the entry zone and cannot quickly rebound, exit immediately.

The 1H Bollinger Band lower band is at 0.1359. The current price still has room below the lower band, but considering buy-side depth and negative fee rate, the probability of a sharp break through is low. It’s more likely that the bears exhaust their momentum below the 1H middle band at 0.1492 and are quickly pushed back by buy orders. Risk-reward ratio is 2:1, making this trade worth a try. The key is whether the price can quickly move away from the cost zone after entry.

Check real-time market 👇 $WET
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