$WCT /USDT - SHORT TRADE SIGNAL

Based on the technical analysis of the WCT/USDT chart, a potential short trade setup is identified.

Trade Setup:

Entry: Short entry can be considered around the current price level of 0.3446, or on a bounce towards the resistance level of 0.3600.

TP1 (Target 1): 0.3200 (Support level)

TP2 (Target 2): 0.3023 (Lower support level)

SL (Stop Loss): 0.3800 (Above the recent high)

Short Outlook of Market:

The chart shows that WCT/USDT has recently experienced a significant upward move and is now undergoing a correction. The price has broken below a key support level and is showing signs of a potential downtrend. The overall market sentiment for this pair appears bearish in the short term, with a high probability of further downside movement to retest previous support levels.

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