$WCT

Sharp decline after a sharp rise in price. 🚨

🔍 What is happening?

Price: $0.4883 (down more than 50% from its recent high)

Recent peak: around $1.20 before a sharp sell-off

24-hour decline: -9.51%

Structure: Classic pump and dump pattern

🧠 Possible reasons:

Low liquidity altcoin: Prone to high volatility

Whale exit or coordinated dump: Long red candles indicate massive selling pressure

Unstable support level: Price collapsed beyond multiple previous support levels

Fading speculative hype: Quick gains followed by quicker losses

⚠️ Warning

This type of chart often indicates a rug pull, manipulated pump, or unsustainable hype cycle. Be very cautious when re-entering unless there is strong support, confirmation of trading volume, or clear fundamentals for the project.