$WCT at Make-or-Break Point – Will Bulls Step In or Fade Again?
$WCT is trading at $0.3847, attempting a mild recovery after a sharp drop from recent highs. Price is consolidating in a narrow range just under resistance, suggesting a breakout or rejection is imminent.
Key Levels to Watch:
Resistance Zones:
• $0.3850 – Immediate barrier (consolidation cap)
• $0.3900 – Next upside extension
Support Zones:
• $0.3800 – Intraday base
• $0.3682 – 24H low and strong support zone
Trade Setup – Watch for Confirmation:
Bullish Entry:
A breakout above $0.3850 could open the door to:
• TP1: $0.3900
• TP2: $0.3990
Bearish Entry:
Failure to hold above $0.3800 may trigger a deeper pullback toward:
• TP1: $0.3740
• TP2: $0.3682
Stop-Loss:
For long trades, place SL below $0.3800; for short setups, use SL above $0.3855.
