Yesterday hot topic $WCT Losing Steam After Major Spike Caution Advised❗$WCT pumped from $0.2000 to a peak of $0.6537, but has since rolled over, now trading at $0.3476 with a sharp -10.55% drop today. The current structure shows consistent lower highs and fading volume indicating clear distribution after the initial hype.
Key Observations:
Strong rejection from the $0.650+ zone
Currently near daily low of $0.3432
Order book shows bearish bias (Bid 41.68% vs Ask 58.32%)
If bulls can’t defend the $0.3400 support, a deeper pullback toward the $0.3100–$0.2900 range could follow. Wait for confirmation before entering—momentum is clearly fading. buy and trade here $WCT
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