Opportunity to enter a short sell position for USDT pair $WCT - likelihood of rejection at the supply zone is present! 🔥💯
The USDT pair $WCT has broken through a strong resistance area at $0.508, showing early signs of rejection. With lower highs forming and a bearish wick appearing, this is a high-probability setup for a short sell for traders watching key levels.
Trading Setup:
• Entry: $0.5084
• Take Profit (TP): $0.4600
• Stop Loss (SL): $0.5189
Forecast:
Market structure indicates weak momentum near the resistance zone. If the price stabilizes below $0.508, expect a continued decline with sellers in control.
Professional Tip:
Rejections at key supply zones often indicate the start of strong pullbacks - enter with limited risk and capitalize on the downward wave!