📉 $WCT /USDT: Downtrend Deepens (-3.97%) – Bounce Zone or Breakdown Ahead?

The WCT/USDT pair is sliding to $0.3219 (-3.97%), hovering just above its 24H low of $0.3195, with 40.99M WCT ($13.94M USDT) traded. As infrastructure tokens come under pressure, traders are watching closely — will WCT bounce from here or break lower?

🧠 Technical Breakdown

EMA Struggle:

Price sitting below EMA(7): $0.3256 and EMA(25): $0.3303 – short-term momentum fading

EMA(99): $0.3351 remains strong overhead resistance

Volume Watch: $13.94M in turnover – sellers maintaining control

Range Recap:

High: $0.3764 → now 15% off that peak

Low: $0.3195 – key support now being tested

🎯 Possible Moves

🟢 Bullish Reclaim: Holds $0.3195 → aims for $0.3256 (EMA7) → $0.3290

🔴 Breakdown Risk: Cracks $0.3195 → heads toward $0.3150 support

⚙️ Trading Setups

1️⃣ High-Risk Entry: Buy near $0.3195, tight stop under $0.3150

2️⃣ Confirmation Trade: Wait for a clean close above $0.3256 (EMA7)

💡 Market Context

RSI (4H): 38 – nearing oversold, possible bounce setup

Liquidation Heatmap:

Short squeeze likely above $0.3256

Longs at risk below $0.3195

Sector Note: Infrastructure plays lagging in current cycle

👇 Your Strategy?

Buying the dip or waiting for clarity?

(DYOR – This zone is high-stakes!)

P.S. BTC still dictates the mood – stay alert for sharp moves. Set price alerts at $0.3256 and $0.3195. #WalletConnect @WalletConnect