9 0
WET Token Surges 45% After Listings on Upbit and Bithumb
The native token of the HumidiFi project, WET, surged by approximately 45% in one day following its listing on two major South Korean cryptocurrency exchanges, Upbit and Bithumb.
- WET trading volume increased by about 180% within 24 hours.
- Currently, WET is trading near $0.26, having reached an intraday high close to $0.28.
Key Details of the Exchange Listings
- Both Upbit and Bithumb began trading WET on December 15 at 18:30 KST.
- Upbit offers trading pairs against the Korean won, Bitcoin, and Tether, while Bithumb listed WET only in its KRW market.
- Historically, new listings on Upbit result in short-term price rallies.
Price Analysis
- WET's hourly chart shows a breakout from a range near $0.20, pushing above resistance around $0.20.
- A resistance barrier exists at $0.30; breaking this with volume could lead to further price increases.
- The RSI is above 70, indicating potential for a pause or pullback if buying slows.
- Support levels are identified near $0.22 and $0.20. Falling below these could indicate consolidation.

The next resistance zone is between $0.28 and $0.30. Staying above $0.24 may maintain investor optimism for future growth.