$WCT Long Liquidation Alert
Liquidation Volume: $2,467.7
Liquidation Price: $1.1465
Technical Analysis: $WCT /USDT
The recent long liquidation at $1.1465 suggests a strong stop-hunt or whale-driven flush below key support. This creates an opportunity zone for strategic buyers.
Buy Zone:
Primary Accumulation Zone: $1.05 – $1.15
This zone marks high volatility and previous liquidation, a potential reversal base if market sentiment shifts.
Targets:
1. Target 1: $1.34 – Historical price congestion
2. Target 2: $1.47 – Previous swing high before dump
3. Target 3: $1.63 – Major resistance and fib level
If volume supports the bounce from the liquidation zone, these levels could be tested in the short to mid-term.
Stop Loss:
Below $0.99
If price closes below $1.00 on 4H or daily timeframe, it invalidates the bounce thesis. This is where bulls lose control.
Strategy Insight:
$WCT has shown repeated liquidity grabs around $1.14, a key level that attracts leveraged traders. This recent liquidation may be a trap for weak hands, and could serve as a springboard for a bullish reversal—provided it regains strength above $1.20 quickly.
Monitor volume, RSI recovery, and any bullish divergence on the 1H/4H charts. If a higher low is formed, this could be the start of a recovery wave.