$WCT STRUGGLING AT RESISTANCE – BOUNCE FADING OR JUST RETESTING?
WCT/USDT is trading at $0.5204, down -4.00% on the day after a failed attempt to break above the $0.5238 high. Price is now pulling back slightly, testing the lower band of a short-term range. Bulls need to defend the $0.5160 zone to avoid slipping further.
Key Levels to Watch
Resistance Zone: $0.5230 – $0.5250 – A successful breakout here could send WCT toward $0.5320 and $0.5450.
Support Zone: $0.5160 – A breakdown below may invite more selling pressure toward $0.5100 and $0.4890.
Trade Setup – Caution in the Range
Bullish Entry: A strong breakout and close above $0.5250 could aim for:
• TP1: $0.5320
• TP2: $0.5450
Bearish Entry: A breakdown below $0.5160 may target:
• TP1: $0.5100
• TP2: $0.4890
Stop-Loss:
• Longs: Below $0.5140
• Shorts: Above $0.5260
Eyes on $0.5250 for the next major directional clue.
