💫 $WCT /USDT – Catching the Falling Knife or a Hidden Rebound? 🩸🔍
$WCT just hit a fresh low of $0.3351 before a slight bounce. Down 4.70%, it’s trading below all key moving averages.
But — with Bollinger Bands widening and price at the lower band, a mean reversion bounce may be in sight!
🔻 Strong bearish momentum, but early signs of base forming
🔁 Watch for reclaim of $0.3475 for bullish confirmation
📉 Caution: Still in a downtrend — risk-managed trades only
🎯 Bounce Trade Setup (High Risk)
🔹 Entry Zone: $0.3400 – $0.3430
🎯 TP1: $0.3530 – Mid Bollinger Band
🎯 TP2: $0.3650 – Resistance flip
🎯 TP3: $0.3780 – Trendline touch
🛑 Stop Loss: $0.3325