KEY TAKEAWAYS

• HumidiFi (WET) created a triple bottom pattern.

• The WET price broke out from a diagonal resistance.

• Can WET sustain its momentum and move to new highs?

The WET price is back in focus after a sudden explosive rebound erased days of losses in a single session.

Following a brutal post-launch crash, HumidiFi’s token has displayed a rare bullish reversal pattern that traders are closely watching.

With momentum flipping and key resistance now in play, the question is whether this surge is just a relief bounce or the start of a much larger move.

WET Price Analysis

The WET price pumped shortly after launch, but then crashed shortly afterward, falling to a low of $0.171 on Dec. 15.

This represented a decline of nearly 50% since the all-time high, all of which occurred within less than a week.

However, everything changed today.

After creating a triple bottom pattern, the WET price surged, briefly hitting a high of $0.300.

This was the most significant increase since its launch and broke the descending resistance trend line, a sign that the correction is over.

However, WET trades below the $0.275 horizontal resistance area.

Today’s rejection caused the WET price to create a bearish candlestick (red icon).

Despite the breakout, WET has to close above this level to confirm that the upward movement will lead to new highs.

Why is WET Going Up?

The wave count gives a bullish WET price prediction.

According to the count, the WET price completed a five-wave downward movement (red).

In it, wave four was a symmetrical triangle, confirming that this is the correct count.

Due to the wave count, the WET price has likely begun a new five-wave upward movement.

Currently in wave four, a short-term retracement could follow, after which WET could surge to new highs.

The main short-term support levels are at $0.236-$0.250.

Once WET reaches them and bounces, the upward trend could continue.

New Highs Likely

The WET price is showing its first real signs of strength since launch, supported by a triple bottom pattern, a resistance breakout, and a completed bearish wave structure.

Still, the move remains fragile unless WET can reclaim the $0.275 resistance with a strong close.

If buyers defend the $0.236–$0.250 zone and momentum holds, a breakout to new highs appears imminent.