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$WET is finally showing some life but don't get too comfortable just yet.
That recovery from the 0.060 level has been solid, and we've officially broken out of that boring accumulation zone. Seeing it push up to 0.118 is a good sign, especially with the green candles stacking up on the daily.
However, we are staring right at some heavy resistance around 0.125 - 0.130. If it can’t clear that wick from the previous high, we might just see a fast retracement back to the 0.100 support to find more buyers. Volume is decent, but it needs to stay consistent to flip this into a real moon mission.
I’m watching the close today. If it holds above 0.115, I'm staying bullish. If it rejects here, I'll be looking to bid lower.
#CryptoMarketBouncesBack