⚠️ $WCT /USDT Oversold Bounce or Breakdown? 🔍📉

Buy And Take Profit $WCT

Current Price: $0.6500 | 24h: -37.24%

A brutal sell-off crushed WCT from $1.37 to $0.62 but is the panic bottom in? Let's break it down:

📊 Key Zones:

• Support: $0.6200–$0.6500 (major flush zone)

• Resistance: $0.7480 / $0.9190 / $1.0900

📈 Trade Setup Dead Cat Bounce Play

> Strategy: Bounce from oversold + support compression

✅ Entry Zone: $0.6200 – $0.6600

🎯 TP1: $0.7480 (liquidity base)

🎯 TP2: $0.9190 (key breakdown level)

🎯 TP3: $1.0900 (full mean reversion)

🔻 SL: Close below $0.59 (support breakdown)

📌 Bias:

• Short-Term: Bearish → high risk of continued bleed

• Mid-Term: Neutral → bounce possible if volume flips

• Bullish Flip? Only above $0.92+ with real demand

🧠 Pro Tips:

• Don’t FOMO – let the chart confirm.

• Watch for a bullish engulfing + RSI divergence on 4H.

• Manage size – wild wicks likely, this could be a pump-n-dump aftermath.