🔥 WCT/USDT – Is Faith Still Alive After Those Fiery “Candle” Sticks? 🔥$WCT 📉 From the peak hitting 1.3941 USDT, the price has plunged sharply to the 0.5312 USDT range, dropping nearly 62% in a short time. A significant vertical “dump,” leaving long red candles on the chart – truly the essence of "a red light in the dark night." But… is that the end? 🤔

🧠 Technical Analysis:

  • ✅ RSI (20): 48.48 – neutral zone, not yet in oversold, but has exited overbought. Signs of a potential temporary recovery may appear if there is no further strong selling pressure.

  • 🔻 24h trading volume (USDT): only 58.25 million left, significantly down from over 200 million at the peak. This is a very clear signal: the sharks have unloaded! 🐋💨

  • 📉 The long red candle is the result of panic selling or profit-taking. But the volume decreasing while the price does not continue to drop sharply is a signal of selling exhaustion 🧩.

🧩 Possible scenarios:

  1. Slight increase in the next few days:
    When selling pressure has decreased and RSI is neutral, combined with the selling pressure not being too high,WCT is likely to rebound to the 0.58 – 0.61 USDT range.

    🎯 This will be the “supply test” area before deciding to continue or go down.

    Potential support zone:
    Zone 0.50 – 0.52 USDT is currently serving as support. If this area holds, the price may slightly rebound to the new resistance zone around 0.6657 USDT.

    Market sentiment:
    Currently, the short-term speculative group is still hesitating and not daring to re-enter. But this is also the time when those who believe in "technical recovery" will begin to place orders to accumulate. 🧠💎

    😍 Reasons I still have a lot of faith:

    💚 The project hasn't collapsed, just adjusting.
    💚 Decreasing volume does not mean the end, but sometimes it is the beginning of a new accumulation phase.
    💚 Those who remain are the ones who have understood the psychological game of the market.

🕯️ Although the long red "candle" sticks are casting long shadows on the chart, it is precisely in that darkness that hope is rekindled.

💥 Conclusion:

🔮 Prediction: WCT will have a slight rebound to the 0.58 – 0.61 USDT range in the next 2-5 days, before determining a clearer trend.

👉 Those who have entered should wait for a rebound to take profits.
👉 Those who have not entered can watch the 0.50 – 0.52 USDT zone if there are confirmed recovery signals.

⚠️ However, always remember to manage risk, because if the support zone is lost, the price may return to test deeper levels!

📌 What do you think? Is there still faith in WCT? Or did you manage to escape when the sharks swam away? 🐋🚀
💬 Comment to share your feelings!