$WET is currently trading around 0.2258, with previous support at 0.1925. From a technical perspective, the price is rallying near the support level, gathering strength, but there is a problem—trading volume is clearly insufficient. A rebound without volume support is often prone to failure, so investors need to remain cautious. The key going forward is whether it can break through the resistance level at 0.2193 with increased volume; otherwise, there is a risk of testing the lows again.
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SmartContractPhobia
· 5h ago
The issue of volume really matters. It looks like a rebound, but it just feels weak and limp.
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LiquidityWizard
· 12-12 10:52
ngl the volume situation here is actually statistically significant—given historical data on $WET, bounces without real liquidity backing tend to fail ~73% of the time. theoretically speaking, that 0.2193 resistance is make-or-break territory
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ResearchChadButBroke
· 12-12 10:41
Insufficient trading volume is really a problem. Rebound alone is useless; we need to see if it can truly break through 0.2193... Otherwise, it could easily reverse and drop back down.
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LiquidityNinja
· 12-12 10:35
I've seen too many cases of insufficient trading volume, rebounding once only to fall back again. It's exhausting.
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LayerHopper
· 12-12 10:35
Trading volume is indeed a hidden risk; the rebound is weak.
$WET is currently trading around 0.2258, with previous support at 0.1925. From a technical perspective, the price is rallying near the support level, gathering strength, but there is a problem—trading volume is clearly insufficient. A rebound without volume support is often prone to failure, so investors need to remain cautious. The key going forward is whether it can break through the resistance level at 0.2193 with increased volume; otherwise, there is a risk of testing the lows again.