$WCT /USDT: Dip-Buying Opportunity (–5.82%) Rebound Setup in Play

WCT is retracing after a strong move, now approaching key support levels with oversold conditions. This presents a potential bounce opportunity for nimble traders.

Entry Strategy (Counter-Trend Bounce Play)

Aggressive Entry: $0.325–$0.330 (oversold RSI + demand zone)

Conservative Entry: $0.315–$0.320 (deep retrace to 61.8% Fib level)

Profit Targets

T1: $0.345 (recent swing high)

T2: $0.360 (next resistance zone)

T3: $0.370 (24h high retest)

Stop Loss

$0.310 (below structural support)

Why It’s a Valid Contrarian Setup

RSI near oversold following –5.82% drop

Price holding above critical support at $0.325

Prior $13.54M volume confirms interest and tradability

Trade Plan

Short-Term Traders: Consider bounce entries near $0.325 with tight stops

Swing Traders: Watch for confirmation between $0.315–$0.320

Risk Considerations

Elevated volatility – ideal for experienced traders

Use limit orders to manage slippage

Risk no more than 0.5% of capital on this setup

Confirmation Signal: A 4H close above $0.330 increases probability of short-term reversal toward $0.345+

Trade here 👉🏻 $WCT