$WCT
🚨WCT/USDT Perpetual Trade Setup🚨
Trade Direction**: **Short** (🔴) *(Trend is bearish, but oversold bounce possible)*
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📝 **Trade Details**📝
- 📈**Entry Price**: **0.4250 – 0.4300** *(near current price)*
- 🔴**Stop Loss (SL)**: **0.4400** *(above EMA 7 resistance)*
- **🎯Take Profit Targets (TP)**:
- *🎯*TP1**: **0.4000** *(psychological support)*
- **🎯TP2**: **0.3800** *(next swing low)*
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📈📝Key Indicators Supporting This Trade** ✅
- **Trend**: Strong downtrend (Price **below all EMAs**: 7, 25, 99)
- **RSI (6)**: **37.0** *(approaching oversold, but not extreme yet)*
- **MACD**: Slightly positive but weak (DIF > DEA but near zero)
- **Volume**: Declining (MA5 < MA10) → Weak buying interest
- **OBV**: Negative (-4.7B) → Heavy selling pressure
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🚨For who patience 🪪
Alternative Scenario (If Reversal Signs Appear)**
- **If price breaks & holds above EMA 7 (0.4307) + RSI >50**:
- Consider a **Long (🟢)** targeting **0.4500 – 0.4900 (EMA 25)**
🚨Risk Warning** 🚨
- **Short is high-probability but risky near lows**—watch for oversold bounce.
- **Better strategy?** Wait for a retest of **EMA 25 (0.4909)** for a safer **short**.
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**Trade carefully—volatility is high!** 🎯
