🔍 $WCT Bear Trap or True Reversal?

Current Price: $0.3360

Timeframe: 1H

$WCT bounced off the key support at $0.3212. The 7 EMA is curling up, hinting at bullish momentum, but EMA 25 & EMA 99 still act as resistance above.

📈 Long Setup (Only if breakout confirms above $0.3380):

• Entry: $0.3380 – $0.3400

• SL: $0.3300

• TP1: $0.3445

• TP2: $0.3480

• TP3: $0.3520

Market View:

Strong bounce from $0.3212 hints at a bear trap. RSI at 59.9 signals strength without being overheated. MACD remains bearish but flattening. Volume is building watch for a decisive candle above $0.3380 to confirm breakout. Rejection likely leads to a retest of lower levels.