$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
0.374
-1.52%