【$WET Signal】Place a short order / Negative fee rate game after rapid surge

$WET After a violent rally on the 1H timeframe, RSI soared to 86, buy order depth is unbalanced at 15.9%, funding rate is -0.417%. The upper band of the 4H Bollinger Bands was directly broken through, and MACD on both cycles is expanding strongly. This kind of negative fee rate after a rapid surge often signals profit-taking by the bulls, and chasing the high is very risky.

Currently, going short directly has a low cost-performance ratio; wait for a rebound to fail. Place a pending short around 0.1424, which is a resistance zone from the previous high on the 1H timeframe.

🛑Stop loss must be placed above 0.10079.

🚀First target is 0.14375, reduce half when reached.

🚀Second target is 0.14432, exit all positions.

🛡️Trading management: - Execute strategy: after reaching target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

1H volume shrank after the surge, indicating a break in buying strength. The negative funding rate suggests that short positions in the contract market have high costs; if the price cannot maintain strength, it may trigger long liquidation and a stampede. The EMA20 and EMA50 on the 4H timeframe have already widened, and the short-term moving average divergence is too large, indicating a need for a technical pullback. This position is a game of pullback, with a relatively clear risk-reward ratio.

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