$WCT Short Setup – “Bounce Fakeout or Real Drop❓❓After hitting a local high at $0.3863, $WCT faced immediate selling pressure, sliding down toward the $0.3654 zone before a minor bounce. The current price action at $0.3746 on the 15M chart shows signs of a weak recovery, likely forming a lower high – a classic bear signal.
🔻 Short Trade Setup
• Entry Zone: $0.3745 – $0.3760
• Take Profit 1: $0.3680
• Take Profit 2: $0.3620
• Take Profit 3: $0.3540
• Stop Loss: $0.3825
⚠️ Bearish momentum is likely to resume if price fails to break back above $0.38 with volume confirmation. Watch the 0.37 level for a decisive break.