It looks like the recent price movement of WET has already reached its peak.



The recent trend of $WET shows a significant increase, but this position is indeed a bit precarious. It is a typical top-fishing pattern—volume is starting to shrink, yet the price is reluctant to continue breaking through. Traders should pay attention to this signal.

If the subsequent rebound is weak, then this high point is likely to be a temporary ceiling. On the contrary, if it can break through with increased volume, then it would be a different story. For now, let's see how the market performs.
WET-2.4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
LeaveMeACommentWithvip
· 12h ago
Did it rebound from the bottom??
View OriginalReply0
NotGonnaMakeItvip
· 13h ago
Are we shorting at the highest price again? This coin always does this, I'm tired of the act of shrinking volume and not falling price.
View OriginalReply0
GasBankruptervip
· 13h ago
The shrinking volume signal is indeed not very good, and another opportunity to chase the price and get trapped has come.
View OriginalReply0
VCsSuckMyLiquidityvip
· 13h ago
I don't even look at charts anymore, just going all in on a short order, anyway this broken thing WET will drop sooner or later.
View OriginalReply0
MEVvictimvip
· 13h ago
Hmm... I also see the signal of shrinking volume, the position of WET is indeed dangerous. It’s always like this, when it rushes to the top, it starts to get timid.
View OriginalReply0
BugBountyHuntervip
· 13h ago
The volume is shrinking while the price doesn't fall, that's the real danger... WET really can't move at this position.
View OriginalReply0
OnchainSnipervip
· 13h ago
I've been watching this signal of shrinking volume for a while, and it feels like WET is about to turn around.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)