$WCT Strategic Trade Setup with Defined Risk Management
$WCT is currently showing signs of stabilization after recent volatility, trading near $0.30. This presents an opportunity to enter with a clear plan focused on controlled risk and incremental gains.
Trade Plan
Entry: $0.2950 – $0.3000 (around key support zone)
Stop Loss: $0.2800 (below recent support to limit downside)
Take Profits
TP1: $0.3200
TP2: $0.3350
TP3: $0.3500
The idea here is to enter near support to maximize risk/reward ratio. Stop loss is set to protect capital if momentum reverses. Multiple take profit levels help secure gains progressively, adapting to market swings.