【$WET Signal】Pullback to add longs + 1H level accumulation, signs of main force defending the market under negative fee rate

$WET The 1H level is supported near EMA20 (0.1153), with price oscillating narrowly between 0.115-0.117, building a new attack platform. The 4H level remains above EMA50 (0.0956), indicating the medium-term trend is unchanged, currently a healthy pullback. Negative funding rate (-0.0538%) combined with stable open interest (OI) suggests that bears are still paying the fee, and the short squeeze risk persists.

🎯Direction: Long (Long)

⚡Entry/Order: 0.1150 - 0.1160

🛑Stop Loss: 0.1105

🚀Target 1: 0.1225

🚀Target 2: 0.1270

🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If price retraces and falls below the entry average, exit all.

Depth Logic: The order book shows buy orders accumulating around 0.1153 (18,603 contracts), forming an initial support wall. The 1H RSI (51.88) is in a neutral zone with room to turn upward. Although the latest 4H candlestick closed lower, volume has decreased, indicating a volume-contraction pullback. Combined with the negative fee rate and stable OI, the main force’s defense is obvious, and the pullback is a low-entry opportunity. Key support below is near the previous low of 0.1106 on the 4H level; breaking below would damage the short-term structure.

Check real-time market 👇 $WET

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