🚨$WCT short trade setup for WCT/USDT! Let's take a look at the current situation and some real-time data to enhance your strategy:
Current Market Data
$WCT Current Price: $0.3304
24-Hour Trading Volume: Approximately $38.7 million
Trade Setup
Entry Zone: $0.3300 – $0.3340
Targets:
Target 1: $0.3240
Target 2: $0.3180
Target 3: $0.3120
Stop Loss: $0.3410
Key Levels
Resistance: $0.3412
Support: $0.3190
Market Structure Insights
Lower highs are forming near the $0.3350 zone.
The price is struggling to break the $0.3412 resistance, indicated by multiple wicks.
A bearish reversal candle on the 1H chart suggests that selling pressure is returning.
Pro Tip#wct
Keep an eye out for a clean close below $0.3285 to confirm the breakdown. Scaling out on each target while adjusting your stop-loss can help manage risk effectively.$WCT