$WCT – The Hype Cools Off, What's Next? 🤔
Earlier today, we saw a sharp upward move in $WCT that likely tempted many traders to jump in out of pure hype. I had previously cautioned against rushing into such moves—and a few hours later, price retraced right back to where it started. Classic.
Now that the excitement is fading and profit-takers are slowly exiting, I believe the bears may stay in control for a while longer. This likely means we should expect lower prices in the short term.
But let’s be real—spot trading during hype-driven dumps like this isn’t a great strategy for short-term gains unless you’re ready to hold that bag for a long while.
So, here’s a practical approach I personally use and recommend for moments like this:
DCA (Dollar-Cost Averaging) into the token.
Here’s how to approach it:
1. Use the 4H timeframe – This gives you a clearer picture of market structure without too much noise.
2. Identify valid highs and lows – Focus on key levels where price consistently reacts.
3. Allocate wisely – Inject only 5–10% of your available capital each time price forms a new low.
4. Repeat – This helps you accumulate gradually while managing risk across multiple levels.
By DCA'ing this way, you spread your entries and give yourself a better chance to survive any deeper dips. It’s not a magic fix, but it's a long-proven strategy that has worked for me personally.
Of course, this isn't financial advice—just my own trading logic. Always risk only what you can afford to lose.
Let’s see how the market unfolds.