$WCT Long Liquidation Alert – Is the Tide Turning?
A massive long liquidation of $2,057.2 at the price of $0.5336 just hit the WCT market. This signals that over-leveraged bulls got wiped out, leaving the battlefield open for fresh momentum. When such a flush happens, it often marks a potential reversal zone or a significant price breakdown. Here's your complete technical analysis and strategy for the next move:
$WCT Technical Analysis – Opportunity Rising?
📍 Current Price Range: Around $0.53–$0.55
Buy Zone (Accumulation Range)
$0.5020 – $0.5380
This zone includes the liquidation price and lower support range. Ideal for entries after confirmation of price stability or bullish reversal candles.
Target Levels (Upside Momentum if Reversal Confirmed)
Target 1: $0.5850 (previous resistance level)
Target 2: $0.6430 (breakout target if volume supports)
Target 3: $0.7120 (major resistance, take profit zone)
Stop Loss (Strict Risk Control)
Below $0.4880
This is under the key structural support. If price breaks this level with volume, expect further downside.
$WCT Market Sentiment Insight
The long liquidation at $0.5336 is a high-probability trap zone. Many weak hands have been shaken out, and smart money could now accumulate in silence before a strong bounce. If volume and bullish divergence confirm, this could be the beginning of a rally. However, if price fails to reclaim $0.5550 quickly, we may see more blood before a rebound.
Final Thoughts
This is a textbook example of liquidation-driven opportunity. Watch the reaction at $0.52–$0.54 carefully. The market has flushed out longs—now the real game begins. Stay patient, follow levels, and let price action be your guide.