$WCT HEAVY SELL-OFF – DEAD CAT BOUNCE OR TREND SHIFT?
WCT is trading at $0.5117, recovering slightly after a brutal -11.79% drop. The bounce is facing immediate resistance, and bulls need more volume to reverse the trend.
Key Levels to Watch:
Resistance: $0.5180 – $0.5260
Support: $0.5060 – $0.5020
Trade Setup – Risky Bounce Zone:
Bullish Scenario:
Push above $0.5180 could target:
TP1: $0.5220
TP2: $0.5260
Bearish Scenario:
Rejection near $0.5180 and break below $0.5060 may trigger:
TP1: $0.5040
TP2: $0.5020
• Heavy dump, minor relief bounce
• Above $0.5180 = short-term recovery
• Below $0.5060 = new lows possible