$WMTX WMTX Exploded 20%, But Is This Strength Real?
WMTX saw a sharp rebound after a big sell-off.
The price dropped hard to 0.062, swept liquidity, and then bounced back aggressively above 0.08.
Momentum looks strong on the surface, but this is often where traders misread the chart.
Let’s take a closer look at the structure.
Current Market Structure (1H)
WMTX is in a recovery phase, but it’s not in a confirmed uptrend.
The sharp bounce from 0.062 indicates strong demand for dips.
The price is now trading above Supertrend support, which is a short-term positive.
However, th