$WET 5 minutes, +2.65%, current price 0.05404. There are two possible scenarios from here:
① If it retests and holds above the breakout level → the rally is likely to continue, with the 24-hour high of 0.06112 as the first upside target.
② If it falls back below the breakout level → this move looks more like a short-lived spike, so don’t get too attached.
I’m personally more focused on the buying support during the first retest. What do you think happens next?
① If it retests and holds above the breakout level → the rally is likely to continue, with the 24-hour high of 0.06112 as the first upside target.
② If it falls back below the breakout level → this move looks more like a short-lived spike, so don’t get too attached.
I’m personally more focused on the buying support during the first retest. What do you think happens next?
