$WCT Dead Cat Bounce or Real Reflection❓❓❓
$WCT has sharply bounced from the lowest level of 0.2869, printing consecutive green candles but the movement lacks volume confirmation.
The price is still far from the main resistance at 0.3180, and the broader trend remains bearish. These setups favor selling if the current bounce is rejected.
📉 Sell Trade Setup
• Entry Area: 0.3090 – 0.3120
• First Target: 0.2960
• Second Target: 0.2880
• Third Target: 0.2800
• Stop Loss: Above 0.3190
Watch closely to ensure there is no false break above 0.3100; if it fails to hold, the bearish trend is likely to continue. Sellers may quickly regain control.