🔻 $WCT /USDT – Short Opportunity Developing After Rally Exhaustion!
📉 Current Price: $0.6563
$WCT appears to be losing steam following a strong upward push. Signs of buyer fatigue and rejection near the highs are creating a prime setup for a potential downside move.
📊 Short Trade Strategy:
🔽 Sell Zone: $0.6560 – $0.6620
🎯 Target 1: $0.6400
🎯 Target 2: $0.6200
🎯 Target 3: $0.6000
🛑 Stop Loss: Above $0.6810
🔍 Key Technical Levels:
Resistance Zones:
🔸 $0.6620 (Immediate)
🔸 $0.6787 (24H High)
Support Zones:
🔹 $0.6400
🔹 $0.6200
🔹 $0.6000
📉 Market Insight:
After an aggressive push upward, WCT is flashing early signs of a reversal. Lower highs and weakening bullish volume suggest that buyers are stepping back. This fading momentum offers a favorable risk-reward opportunity for short sellers.
💡 Pro Tip:
Monitor the $0.6620 area closely. A failure to break above this resistance with volume could confirm downside momentum. Ideal for short scalps with defined risk!
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