🟢 WEN is shooting into Premium: where to look for an entry point?
The $WEN / TetherUS PERPETUAL futures contract on the 4-hour timeframe (4H) made a powerful vertical move, breaking through the CHoCH structure and the PWH line. The current price is 7.106 USDT (+0.87%).
The price swept the liquidity above, forming a Weak High, and is now deep in the Premium zone. Buying into the current momentum is too risky, so we’re waiting for a correction into the buyer’s area of interest (Equilibrium or a support block).
📊 Futures trade plan (Limit Long):
• Entry: 6.500–6.600 USDT (Equilibrium level + retest of the previous consolidation zone)
• Take Profit: 7.200 USDT (return to the local high)
• Stop Loss: 6.300 USDT (below the broken PML level)
🗳️ What’s your plan? Did you jump on the rocket during the breakout, or did you place limit orders lower and are waiting for the market to cool off? Share your thoughts in the
comments! 👇
#WEN #CryptoTrading #TechnicalAnalysis #Futures
The $WEN / TetherUS PERPETUAL futures contract on the 4-hour timeframe (4H) made a powerful vertical move, breaking through the CHoCH structure and the PWH line. The current price is 7.106 USDT (+0.87%).
The price swept the liquidity above, forming a Weak High, and is now deep in the Premium zone. Buying into the current momentum is too risky, so we’re waiting for a correction into the buyer’s area of interest (Equilibrium or a support block).
📊 Futures trade plan (Limit Long):
• Entry: 6.500–6.600 USDT (Equilibrium level + retest of the previous consolidation zone)
• Take Profit: 7.200 USDT (return to the local high)
• Stop Loss: 6.300 USDT (below the broken PML level)
🗳️ What’s your plan? Did you jump on the rocket during the breakout, or did you place limit orders lower and are waiting for the market to cool off? Share your thoughts in the
comments! 👇
#WEN #CryptoTrading #TechnicalAnalysis #Futures
