$WAT could be forming an inverse head and shoulders pattern! The left shoulder is evident in the late October peak, followed by a lower high forming the head in early November. Currently, price is bouncing off the $0.00035 support level, potentially forming the right shoulder. This pattern is typically a bullish reversal signal, with a neckline around $0.00078 🔍 A decisive break above this neckline with strong volume would confirm the pattern and project a price target equal to the distance from the head to the neckline, added to the neckline. Plus, $WAT is already listed on several major exchanges signaling a strong market recognition. ⚠️ As always be sure to DYOR, but this one is on my watchlist from a while and I think is ready to take off soon.