$WCT On the Edge of a Breakdown or Bounce❓❓❓
$WCT is hovering just above its 24h low at $0.3160 after a strong downward push on the 15-minute chart. Price action shows exhaustion at the bottom with a small green candle attempting a hold.
Possible Reversal Play (Risky Short-Term Trade)
• Entry Zone: 0.3160–0.3175
• TP1: 0.3200
• TP2: 0.3240
• Stop Loss: 0.3135
Insight:
This setup is speculative. If buyers defend the $0.3160 level, we may see a bounce. However, failure to hold this zone could lead to a further decline. Use tight risk management if attempting a scalp or short-term recovery trade.