$WCT Bloodbath or Bounce? All Eyes on This Critical Zone
Current Price: $0.6158
Intraday High/Low: $0.6404 / $0.6030
Volume: 5.65M (huge spike during the selloff)
🔥 $WCT Market Update – June 1, 2025
$WCT saw a brutal rejection from $1.3736, dumping all the way to $0.60. While short-term relief might be in play, this isn’t the time for blind optimism.
🔍 Key Levels to Watch
🛡️ Support Levels (based on volume and price structure):
$0.59–$0.61 → Current demand zone where volume spiked; potential short-term bounce area.
$0.52 → Last-resort support before price enters dangerous freefall territory.
$0.42 → Major historical level seen in the earlier accumulation zone.
🚧 Resistance Levels:
$0.97 → Former support flipped resistance; a clean reclaim would signal strength.
$1.20 → Key liquidity pool level; liquidation of shorts here can send price flying.
$1.50–$1.80 → Momentum breakout zone. If bulls step in with force, $2.60 is still on the table.
Sentiment Check
Despite high volume, price continues bleeding. The $0.60 area is absolutely critical — lose it, and this turns into a full meltdown. But if $0.60 holds, and price reclaims $0.97–$1.20, expect fireworks.
Momentum + volume = explosion
No reclaim = more pain
Summary
Hold $0.60 → Bounce likely
Lose $0.60 → Watch $0.52 then $0.42
Reclaim $0.97 → Target $1.50–$1.80, possibly $2.60
