๐ฅ$WCT IN FREEFALL MODE โ BREAKDOWN BELOW KEY SUPPORT IMMINENT ๐ป
$WCT /USDT is accelerating downward after facing heavy rejection at $0.3502. Itโs now hovering around $0.3018, sitting just above the critical support level of $0.2989. A decisive break below this could trigger a sharp flush to lower levels. All major moving averages are above price, confirming bearish dominance.
๐ SHORT TRADE SETUP (HIGH-CONVICTION IDEA):
โข Entry Zone: $0.2990 โ $0.3015 (best R:R on resistance bounce)
โข Stop Loss: $0.3110
โข Targets:
๐ฏ TP1: $0.2960
๐ฏ TP2: $0.2885
๐ฏ TP3: $0.2790
๐ TECHNICAL BREAKDOWN:
โข Price trading below MA(7), MA(25), and MA(99)
โข Bearish momentum increasing with rising sell volume
โข Key flush level = $0.2989 support โ a breakdown here invites deeper downside
๐ป Not a buy zone โ watch for breakdown confirmation before entry.
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