wct

⚠️ Intraday Trading Signal

Bias: Short-term Bounce / Reversal Potential (High-risk setup due to strong downtrend, best suited for scalping or tight intraday moves)

🔹 Entry Point (Long/Buy)

Aggressive Entry: $0.4370 (current price zone)

Conservative Entry: Wait for a confirmation candle above $0.4500 with volume spike.

🔹 Stop-Loss Placement

Below recent support zone:

Stop-Loss: $0.4170 (approx. 4.5% risk)

🔹 Take-Profit Targets

TP1: $0.4750 (minor resistance, 8.7% reward)

TP2: $0.5000 (psychological & horizontal resistance)

TP3 (extended): $0.5300 (last key breakdown zone, 21.2% reward)

📊 Risk-to-Reward Ratio

TP1: ~2:1

TP2: ~2.8:1

TP3: ~4.7:1

🔄 Alternative Bearish Trade (If breakdown continues)

In case price breaks below $0.4170 support with volume:

Entry (Short): $0.4150

Stop-Loss: $0.4350

TP1: $0.3900

TP2: $0.3600

📝 Summary

Trade Type Entry Stop Loss Take Profit(s) R/R

Long $0.4370 $0.4170 $0.4750 / $0.5000 / $0.5300 Up to 4.7:1

Short (if $0.4170 breaks) $0.4150 $0.4350 $0.3900 / $0.3600 ~2.5:1

🎁 BP0S6V1045 $WCT #SaylorBTCPurchase