Sleepless night! WCT has revealed an epic trap at the 0.6 level, becoming a lifeline
Brothers, take a look at the market! This wave of manipulation by the dog traders is simply outrageous. The early session used a false breakout at 0.6112 to deceive traders, perfectly replicating last week’s BONK dump script. Behind the 37% increase in volume on the false bullish line, the major players are secretly counting their money! The price is now stuck firmly between MA7 (0.6050) and MA30 (0.6100), exactly like the pattern before DOGE's launch last week. However, this time the major players have adopted a new strategy—using high-frequency robots to create false liquidity.
Latest exchange data shows that there are short positions worth 5,200 ETH lurking at the 0.6050 level, exactly corresponding to the previous high resistance level. It seems this isn't just a simple washout, but a premeditated dumping action! The trading volume has shrunk to 40% of last week’s level, and this kind of declining volume is the most terrifying. It is advised that all brothers trapped above 0.61 must place a stop-loss order at 0.598 before the evening close. Don’t wait until the position breaks and you regret it too late.
Sudden bad news! The project team admits to a technical vulnerability.
Just received insider information: The core development team of WCT admitted in an emergency meeting on Discord that there is a "timestamp validation vulnerability" in the smart contract. A white hat hacker has already shared the vulnerability validation code. Currently, three major institutional investors have withdrawn $18 million in market-making funds, and Binance's spot liquidity pool depth has plummeted by 67%. This is the key reason why the price has not dared to break through 0.61.
Now, there are hidden currents in the market. It is recommended to closely monitor these key signals:
Monitoring large transfers on exchanges (pay special attention to whale addresses starting with 0x8f)
Is the Binance API interface delay exceeding 2 seconds?
Is there any new regulatory document on the SEC's official website? Be ready to take action at any time!
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