The sell-off is over! After breaking the downtrend, WCT found a rock-solid bottom and has been building a powerful base. Now, the price is pulling back to re-test this critical support level, offering a perfect entry for those who are paying attention.
This isn't weakness; it's the market giving you a golden opportunity to buy at a key level. $WCT
📊 The Bullish Case (Why WCT Is a Strong Buy Here)
🔹 Rock-Solid Support Found: The price has established a major floor at the $0.3440 level. This area has proven to be a wall of buying pressure, holding strong against any further drops.
🔹 Downtrend Annihilated: The previous sharp downtrend has been completely broken and reversed. The selling momentum is exhausted, and buyers have clearly taken control.
🔹 Healthy Accumulation: The sideways price action since the reversal is a classic accumulation phase. The market is building energy and absorbing sellers before the next major move up.
🔹 Excellent Risk/Reward: Buying at this critical support level provides a fantastic risk-to-reward ratio. Your potential upside is massive compared to the small, defined risk if you place a stop just below this support zone. $WCT
📈 The Trade Recommendation:
This is a classic "buy the support" setup in a newly forming uptrend. The signs are pointing to a powerful bounce from this level.
✅ BUY: In the current zone of $0.3440 – $0.3450
🎯 TP1: $0.3500 (The top of the recent range)
🎯 TP2: $0.3520
🛑 SL: $0.3415 (A tight stop just below the recent lows)
🔥 The Bottom Line: The selling is finished, the support is holding firm, and this is your chance to get in at the ground floor before the next leg of the rally begins.
👇 Do you think WCT will bounce hard from this support? Let me know! 👇
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