$WET is sitting near absolute lows, and I'm taking a shot at the bounce.
Dead cat or trampoline? If buyers step in and reclaim momentum here, this could turn into a sharp relief move.
LONG SETUP
Entry: 0.04852 - 0.04961
TP1: 0.05280
TP2: 0.05580
SL: 0.04609
The key level is 0.0488. If WET fails to hold this area, the broader downtrend could take control again and invalidate the bounce setup.
Never all-in. Keep risk controlled and respect the stop.
Also watching $BTC and $JCT today.
Does WET bounce hard from the lows, or is another breakdown coming?
Dead cat or trampoline? If buyers step in and reclaim momentum here, this could turn into a sharp relief move.
LONG SETUP
Entry: 0.04852 - 0.04961
TP1: 0.05280
TP2: 0.05580
SL: 0.04609
The key level is 0.0488. If WET fails to hold this area, the broader downtrend could take control again and invalidate the bounce setup.
Never all-in. Keep risk controlled and respect the stop.
Also watching $BTC and $JCT today.
Does WET bounce hard from the lows, or is another breakdown coming?
