$WET showing early short-term reversal signals as price rejects higher levels.
Long upper wicks formed on D1 and H4 resistance, signaling supply pressure. RSI is entering overbought territory, increasing the probability of a corrective move toward lower EMA zones to rebalance structure.
Trade Plan — Short $WET
Entry Zone: 0.1130 – 0.1175
Stop Loss: 0.1205
Targets
TP1: 0.1090
TP2: 0.1055
TP3: 0.1015
As long as 0.1205 holds as resistance, downside continuation remains favored. Watch momentum closely and manage risk as price reacts around key support levels.
#BlockAILayoffs
#JaneStreet10AMDump
#AxiomMisconductInvestigation
#BitcoinGoogleSearchesSurge
#NVDATopsEarnings
Long upper wicks formed on D1 and H4 resistance, signaling supply pressure. RSI is entering overbought territory, increasing the probability of a corrective move toward lower EMA zones to rebalance structure.
Trade Plan — Short $WET
Entry Zone: 0.1130 – 0.1175
Stop Loss: 0.1205
Targets
TP1: 0.1090
TP2: 0.1055
TP3: 0.1015
As long as 0.1205 holds as resistance, downside continuation remains favored. Watch momentum closely and manage risk as price reacts around key support levels.
#BlockAILayoffs
#JaneStreet10AMDump
#AxiomMisconductInvestigation
#BitcoinGoogleSearchesSurge
#NVDATopsEarnings