WCT Trading on 16/6 – Caution with BTC's Recovery
Current WCT/USDT Price: 0.382
BTC has surpassed 107,000 but has not established a sustainable uptrend. Most altcoins (including WCT) are rising according to market sentiment; however, this may just be a technical rebound.
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🚀 Trading Strategy
1. Spot (not preferred if BTC is not stable above 107,500):
• Wait for further confirmation of the trend, avoid jumping in at this moment.
2. Futures (prefer short-term scalping):
🔹 Long:
• Entry: 0.374
• SL: 0.358
• TP: 0.394
🔹 Short:
• Entry: 0.398
• SL: 0.410
• TP: 0.360
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⚠️ Warning:
• If BTC surpasses 107.500 and holds above for 1 hour, the bulls may push the price further up to the 108k–109k range → do not Short against the trend.
• Conversely, if BTC is sold off strongly, the chances are that WCT and altcoins will quickly adjust.
⏳ Recommendation:
Only enter positions when there are clear confirmation signals on the 15m–1h timeframe. Avoid FOMO, manage risk tightly.
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(Real-time update at 15:25 - 16/6/2025)
