$WCT is stuck in a downtrend with lower highs and lower lows building up. Sellers continue to dominate below major resistance levels, while buyers are trying to hold the 0.3070 zone a make-or-break area in the short term.

Momentum stays bearish with MAs crossing down, plus clear volume spikes on red candles showing aggressive selling. As long as price stays below 0.3130, shorts remain favored but a break above 0.3180 could flip the view.