$WCT BOUNCES INTO PRE‐RETRACEMENT ZONE ⚡
$WCT just dipped about ‑5% in the last 24 h, sliding from its recent high near $0.445–0.48 down into the $0.41–0.42 area — a clean retrace after over‑extension . Strong volume on the drop shows seller conviction, but a bounce is carving its path.
On the 4H chart, it’s rebounding off the $0.408–0.410 support, while shorter‑timeframe MAs hover above, ready to offer dynamic resistance. If this zone holds, we could see a snapback toward those MAs.
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📊 **Trade Setup (Dip‑Buy Opportunity)**
• Entry Zone: $0.408 – $0.415
• Take Profit 1: $0.435 (5‑day range high)
• Take Profit 2: $0.460 (daily swing high)
• Take Profit 3: $0.480 (24‑h high ceiling)
• Stop Loss: $0.400 — just below recent low
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📉 Risk Level: Medium‑High
📌 Confirmation Needed: Bullish 4H candle or RSI bounce above 50/60
⏳ Indicators show RSI near neutral, not oversold, so patience to see bulls step in is key. A reclaim of $0.415–0.418 with volume could confirm the turn.