$WCT just faced a brutal intraday reversal bulls caught off guard❗After exploding from $0.2762 to a high of $0.6537, $WCT has sharply retraced and is now stabilizing near $0.3899. That’s a massive spike followed by intense selling pressure, signaling short-term exhaustion. RSI(6) is down at 37.75 and StochRSI is deeply oversold near 8.23, hinting that a potential bounce could be brewing soon.
Volume remains heavy, which means traders are still actively engaging watch for signs of consolidation or bullish divergence. A reclaim above $0.42 could flip the structure back to the upside. Stay sharp this one still has volatility written all over it.
