🚀$WCT /USDT – Dead Cat Bounce or Base Building? Watch Closely🤔👇

Current Price: $0.3462 – $0.3464

Timeframes: 1H & 4H

Trend Bias: Bearish to Neutral ⚠️

🧩 4H Chart Overview:📊

🔻 Prolonged downtrend with lower highs and lower lows

🔻 $WCT Price is still below 20 EMA ($0.3598) and 50 EMA ($0.3809)

🔻 Recent bounce facing rejection near EMA zone = sellers dominating

🔻 RSI: 38.23 – weak and under 50 baseline = bearish territory

🔻 MACD: Slight recovery but still below zero line and not convincing

🕒 1H Chart Breakdown:📊

🔺 Temporary bounce attempted, rejected at $0.3525 (50 EMA)

🔻 Price facing rejection from dynamic resistance (20 EMA)

📉 MACD slightly bullish but flattening

📉 RSI: 46.42 – unable to break into bullish zone (>50)

🔹 Shows a failed breakout and fading momentum — possible retest of recent low at $0.335

🎯 Key Technical Levels:🔑

Resistance Zone: $0.3525 → $0.3598

Support Zone: $0.3351 → $0.3300

Critical Breakout Level: $0.3598 (for any bullish reversal)

📌 Trade Plan (One-Sided - Bearish Setup):

🔻 Sell Zone (Short Entry): $0.3520–$0.3550

🎯 Target 1: $0.3400

🎯 Target 2: $0.3300

⛔ SL: Above $0.3600

⚠️ If $WCT price breaks below $0.335 with volume, expect strong continuation to downside. Avoid longing until price reclaims and closes above $0.360.

🧠 “Trend is your friend until a higher high forms. Don't fight weak momentum in a falling trend.”

📛 This analysis is for educational purposes only. Always do your own research before investing.

#wct #BinanceAlphaAlert #FOMCMeeting #Binance #PowellRemarks