$WCT /USDT SHORT TRADE SIGNAL – BEAR GRIP TIGHTENS AFTER FAILED BOUNCE!
$WCT has been bleeding consistently with lower highs and lower lows on the 30-minute chart. Despite a brief bounce near $0.478, buyers couldn’t sustain momentum. Price is now stalling at $0.4826, just below key resistance, indicating a continuation of the downtrend is likely.
Trade Setup (SHORT):
Entry Price: $0.4820 – $0.4870
Target 1: $0.4680
Target 2: $0.4520
Stop Loss: $0.4935
Why Short?
The minor bounce failed to break above $0.4900, and volume on green candles remains weak. Sellers are stepping back in after each relief move. If $0.478 breaks again, the next leg lower could unfold quickly.
Risk Management Tip:
Avoid chasing breakdowns — enter with structure, and trail SL once in profit. Watch for manipulation wicks near support.
Markets punish the late — act with precision and let price confirmation lead your strategy!
Trade the trend, not your emotions — the chart is speaking clearly!
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