$WCT $WCT ⚠️ WCT/USDT – Liquidity Sweep and Breakdown on 5min Chart
$WCT /USDT just performed a classic liquidity sweep below the recent swing low near $0.3100, triggering stop-losses before showing signs of potential reversal or further breakdown.
📉 Current Price: $0.3093
🔻 Change: –4.36%
📊 Timeframe: 5-Minute Chart
🔍 Key Observations:
CHoCH (Change of Character) was observed earlier, showing a possible trend shift.
Price tapped into a major supply zone around $0.3160 and sharply rejected.
Liquidity below support has been swept (see marked “X” in chart), often used by smart money to trap retail longs.
⚔️ What’s Next?
If price reclaims $0.3115 with volume, we may see a bullish reversal.
If the breakdown holds below $0.3090, next support lies near $0.3050 and $0.3000 psychological level.
💡 Pro Tip:
These kinds of liquidity grabs are often the first step before a big move. Watch closely for confirmation candles, re-entry zones, and volume shifts.
📢 Keep Your Eyes On:
Reclaim of $0.3110 = potential long setup
Break below $0.3085 = continuation to downside
#WCT #WCTUSDT #LiquiditySweep #SmartMoney #BinanceSquare #PriceAction #CHoCH #CryptoAnalysis
#TradingView