$WCT /USDC data.Given the recent 7.48% decline, low volume spike, and price sitting below the MA60, here’s a cautious intraday setup based on the 15m–1h timeframe:
WCT/USDC Intraday Setup
Current Price: $0.3996
MA60 (15m): $0.4028 (price below MA60 — short-term bearish bias)
Volume: Declining (MA(5) < MA(10)) — watch for a reversal or dead-cat bounce.
Key Levels
Support:
$0.3983 – 24h low (currently being tested)
$0.3900 – psychological round number
Resistance:
$0.4028 – MA60 (key intraday barrier)
$0.4055 – Depth resistance
$0.4325 – 24h high
Bearish Scenario (Rejection at MA60 or Below)
Entry: $0.4015–$0.4030 if price gets rejected at MA60
Stop Loss: $0.4065
Take Profit: $0.3900, then $0.3820
R/R: ~1:2+
Bullish Scenario (Reversal Bounce)
Entry: $0.3980–$0.4000 after bullish candle + volume confirmation
Stop Loss: $0.3930
Take Profit: $0.4055, then $0.4120
R/R: ~1:2
Quick Notes
Price is testing local support, but momentum is weak.
If it reclaims MA60 with strong volume, consider a quick scalp long.
Otherwise, rallies into $0.403–$0.405 may be sold off again.
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