$WCT /USDT – Bounce Fakeout or Real Drop Incoming?

Current Price: $0.3738 | 15M Chart

📉 Price Action Recap:

$WCT rejected hard from $0.3863 and slid toward $0.3654 before a weak bounce. Current structure suggests a potential lower high forming — classic bearish setup brewing.

📌 Key Levels:

• Resistance: $0.3825 (SL zone)

• Key Breakdown Zone: $0.3700

• Support Target Zones: $0.3680 / $0.3620 / $0.3540

🎯 Short Trade Setup:

• Entry: $0.3745 – $0.3760

• TP1: $0.3680

• TP2: $0.3620

• TP3: $0.3540

• SL: $0.3825

⚠️ Market Insight:

Failure to reclaim $0.38 with volume = momentum remains bearish. If $0.3700 breaks, expect a clean continuation lower.

🎯 Setup favors short-term downside — monitor structure closely for breakdown confirmation.

WCTUSDT

Perp

0.374

-1.52%