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$WET Signal】Pullback to Long + Negative Fee Rate Short Squeeze Play
$WET 1H timeframe is in a healthy pullback after a strong rally, with the price finding initial support near EMA20 (0.1031). The 4H timeframe confirms an upward trend with a massive bullish candle, and the current pullback presents an excellent second entry opportunity. The negative fee rate is as high as -0.4763%, making short positions very costly. Once the price stabilizes, a short squeeze is highly likely.
🎯Direction: Long (Long)
🎯Entry/Order: 0.1030 - 0.1035 (Reason: 1H EMA20 dynamic support zone, also the current cons