🛑$WCT
WCTUSDT
Perp
0.07516
+12.56%
BEARISH SETUP: CORRECTIVE MOVE ON THE CARDS
$WCT is showing signs of weakness after a sharp upside move, with price facing rejection near the upper resistance zone. The recent rally appears overstretched, and lower-timeframe structure suggests distribution and profit-taking. Failure to hold above the immediate support area increases the probability of a bearish pullback toward lower demand zones. Momentum is fading, favoring sellers in the short term.
Entry: Short below 0.0720
Targets (TP):
TP1: 0.0700
TP2: 0.0680
TP3: 0.0656
Stop Loss (SL): 0.0750
Key Levels:
Resistance: 0.0750 / 0.0800
Support: 0.0700 / 0.0680 / 0.0656
Risk Management: Risk only 1–2% per trade and book partial profits at each target to protect capital.
