$WCT /USDT BEARISH MOVE IN PLAY – SHORT SETUP BELOW KEY RESISTANCE 🔻📉
🔍 Technical Overview:
$WCT /USDT is showing clear signs of bearish momentum, currently trading at $0.3780 (-1.79%). Price is struggling below key moving averages, hinting at further downside.
📊 Key Levels:
Resistance Zones:
🔴 $0.3850 – Near-term resistance (MA Cluster: MA(25), MA(99))
🔴 $0.3920 – Major resistance; rejection here confirms bearish control
Support Zones:
🟢 $0.3755 – Daily low; minor support
🟢 $0.3680 – Strong support; break below may accelerate decline
📈 Indicators:
MACD turning negative – bearish signal
MA(7) < MA(25) < MA(99) – Downtrend confirmation
Price rejection at Bollinger mid-band
🚨 Trade Setup – SHORT ENTRY
Entry: $0.3790 – $0.3820
Stop Loss (SL): $0.3865 (Above MA cluster resistance)
Take Profit (TP1): $0.3755
Take Profit (TP2): $0.3680
⚠️ Risk Management Tips:
🎯 Always risk only 1–2% of your capital per trade.
📏 Maintain RR ratio of at least 1:2.
🛑 Stick to your SL — no emotional exits.
🔻 Bearish momentum is building—trade smart, trade safe! 💼📉
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