$WCT Observers… this is a test of conviction.
After a sharp fall from its 0.4140 peak, the price made a stand at 0.2817. The bounce that followed has faded, and now the market is searching for a true floor. It's not a freefall; it's a search for a solid foundation.
📊 The momentum meter (RSI) is at 41 — showing sellers are still present, but the price isn't collapsing. The trend indicator (MACD) is negative, confirming the current downward pressure.
This isn’t just a downtrend — it’s a market trying to find its real bottom.
And when an asset gets beaten down this much, the most patient traders begin to watch the lows for signs that the selling is finally exhausted.
⚠️ This area? It’s definitely not the top. It is very likely not the final bottom either. But it is the zone where a long-term turnaround could quietly begin.
Because while most are scared away by the red candles, those who understand bottoming patterns are looking for the exact moment the tide begins to turn.
Don’t try to predict the exact low. Don’t fight the current trend. But you cannot ignore it when an asset gets this washed out.
WCT is testing the faith of its holders — the question is who has the patience to wait for the reversal.