futures trading setup for $WCT
/USDT (1H chart):š
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Long Position
Entry: 0.585 ā 0.595
Take Profit: 0.640 ā 0.660
Stop Loss: 0.570
Bias: Bullish recovery from local bottom
Risk/Reward: ~1:2+
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Short Position
Entry: 0.655 ā 0.665 (if price spikes into resistance)
Take Profit: 0.600
Stop Loss: 0.675
Bias: Overbought pullback potential
Risk/Reward: ~1:2
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Market Sentiment
Turning bullish. Price rebounded from 0.5083 with strong volume. Up +14% intraday. Caution advised due to prior sharp downtrend