⚠️ $WCT Update – Not Ideal for Scalp or Short-Term Trading Right Now!
🟡 Current Price: $0.5173
🔻 24h Drop: -8.85%
📉 RSI: 26.29 (Oversold Zone)
📊 MACD: Still bearish, no bullish crossover
🔄 Volume: Decreasing after panic sell-off
🕒 Chart Timeframe: 4H
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Scalpers and short-term traders, be cautious!
🚫 WCT is currently in a downtrend with sharp profit-booking pressure after hitting a recent high of $1.3941. Momentum indicators (MACD, RSI) suggest the bearish trend is still active, and short trades may get caught in volatile traps.
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🔍 But here’s the bigger picture:
✅ Long-term Entry Opportunity?
Yes, possibly.
Here’s why:
RSI is in the deep oversold zone (below 30), indicating price exhaustion and possible reversal attempts.
Major support levels from past consolidation zones are being tested (around $0.50 - $0.43).
Early signs of bullish MACD histogram divergence are forming, hinting at future strength.
Strong community sentiment + Binance launch support gives WCT long-term narrative strength.
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📅 Projection by End of 2025 (Based on Historical Patterns + Market Cycles):
Base case: $1.20 – $1.50
Bullish case: $2.00+ (if broader market recovers and WCT ecosystem grows)
Risk case: Further drop to $0.38–$0.42 range if support breaks
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🧠 Conclusion
⛔ Not a good scalp setup right now — high risk, low reward
✅ Long-term holders might find this dip a strategic entry zone
🚨 Always DYOR and manage risk carefully.
