$WTC is currently in a clear downtrend across all timeframes. It has failed to maintain gains above $0.40 and is showing weakness after a brief rally earlier in June. As long as the price remains below key moving averages and fails to break above $0.3879 resistance, bearish pressure is likely to continue.

Caution: If $0.365 breaks, further downside towards $0.34 or even $0.30 is possible.