$WCT
USDT – RANGE HIGH REJECTION? BEARS ON ALERT
RESISTANCE HOLDS NEAR $0.3535
FAILURE TO BREAK OUT OF SIDEWAYS RANGE
$WCT has once again hit the upper boundary near $0.3535 but failed to break above it. Price action remains range-bound, and multiple wicks near the top suggest seller dominance.
Short Setup:
Entry: $0.3511
Target 1: $0.3400
Target 2: $0.3265
Stop Loss: $0.3560
Until bulls clear $0.3550 with volume, the path of least resistance remains to the downside. Watch for momentum loss and potential breakdown from the range.
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