🚨 $WCT /USDT – Oversold or Falling Knife? Watch Closely! ⚠️
$WCT just tanked to $0.8388 (-21.57%), leaving traders wondering—is this a prime buy-the-dip opportunity or is more downside coming? Let’s break it down. 🔍
📊 Market Overview
📍 Current Price: $0.8388
📈 24h High: $1.3736
❄️ 24h Low: $0.8157
📊 MA Levels:
• MA(7): $1.1197
• MA(25): $1.0862
• MA(99): $1.0229
📉 MACD Momentum:
• MACD: Bearish
• Histogram: Below zero, increasing red bars
📈 RSI (6): 25.13 (Oversold zone!)
📦 Volume Stats:
• 24h Vol (WCT): 170.74M
• 24h Vol (USDT): 183.34M
• MA(5) Vol: 16.01M
• MA(10) Vol: 11.27M
📈 WCT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If WCT Holds Above $0.82):
• Entry: Above $0.86
• Targets: $1.00, $1.15, $1.30
• Stop-Loss: $0.78
🔹 Bearish Scenario (If WCT Breaks Below $0.78):
• Entry: Below $0.78
• Targets: $0.72, $0.66, $0.59
• Stop-Loss: $0.87
🔍 Should You Hold or Sell?
✅ RSI below 30 = potential bounce zone
✅ Strong rebound possible if $0.82 holds as support
⚠️ Trading below MA(7), (25), and (99) = bearish trend dominant
⚠️ MACD still bearish—caution warranted
💡 Pro Tip:
🚀 A confirmed bounce above $0.86 on volume could ignite a rally to $1.15+
⚠️ No confirmation = more downside risk. Let price action lead!
📢 What’s your plan—loading the dip or staying sidelined? Drop your thoughts below! 👇
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