$WEN is consolidating near $8.75 after a sharp pump, with rejection risk building below the $9.00 resistance.
$WEN — SHORT
Entry Zone: $8.75–$8.85
TP1: $8.45
TP2: $8.20
TP3: $7.98
SL: $9.16
Why? Price is struggling to break higher after the initial spike, favoring a pullback toward the consolidation support.
Bias: Bearish below $8.80.
$WEN — SHORT
Entry Zone: $8.75–$8.85
TP1: $8.45
TP2: $8.20
TP3: $7.98
SL: $9.16
Why? Price is struggling to break higher after the initial spike, favoring a pullback toward the consolidation support.
Bias: Bearish below $8.80.