📉 $WCT /USDT – Heavy Breakdown, Looking for a Bottom

Trend Context:

After a parabolic rally to ~$1.45, WCT entered a brutal correction phase.

Price has now dropped over 70% from local highs, consolidating near $0.42–0.43 support.

Moving Averages:

WCT is trading below all key MAs (7, 25, and 99), suggesting ongoing bearish control.

The 7 MA ($0.4279) and 25 MA ($0.4718) are acting as short-term resistance levels.

No sign yet of a bullish crossover or reversal momentum.

Support & Risk Zone:

Strong horizontal support appears near $0.40–$0.42 — if this fails, price could revisit $0.36–0.35 range or lower.

Bullish reversal needs to reclaim $0.50 and flip the 25MA to regain market structure.

🧠 Summary:

WCT is in post-hype exhaustion, currently building a base at former support.

It’s in a high-risk accumulation zone, but confirmation is still missing.

Watch for volume pickup + reclaim of $0.50 for a safer trend reversal bet.

⚠️ DYOR – Do Your Own Research

This is not financial advice. Markets can be volatile — always trade responsibly!