Massive Short Liquidation on $WCT – Is a Breakout Brewing?
Boom! $1,091.2K in short positions got liquidated at $0.6838 – and that’s not just noise, that’s a signal. Smart money just took a hit, and the bulls are knocking hard. Are you ready to ride the next wave?
Chart is screaming momentum. Here's the full breakdown:
Buy Zone:
$0.6600 – $0.6850
(Accumulation zone. Ideal for re-entries or fresh long positions. Watch for strong support around $0.6720.)
Targets:
Target 1: $0.7420
Target 2: $0.7935
Target 3: $0.8650
Moonshot Target: $0.9200+
Each target aligns with previous resistance flips and Fibonacci extensions.
Stop-Loss:
$0.6420
(Keep tight risk management – a drop below this level may signal bull trap.)
Analysis Summary:
That $1M+ short liquidation isn't random – it's a shift in market structure. Volume is rising, shorts are getting wrecked, and price action is coiling for a breakout. If bulls hold the $0.67 zone, we might witness a parabolic run.
Remember: Don’t chase pumps. Ride with strategy. Set your zones. Protect capital. Win big.