$WCT – Long Liquidation Spike! I’m Watching for the Next Setup
Current Price: $0.4882
Long Liquidation: $1,196.1 at $0.4882
That’s a signal—long traders just got wiped out, and the market is reacting.
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Market Sentiment:
#WCT faced a harsh rejection near resistance, triggering a flush of long positions.
This kind of liquidation pressure often shakes out weak hands before a bigger move.
Right now, the chart is bearish short-term, but if price can hold above key levels, we could see a recovery build.
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Key Levels to Watch:
Support: $0.4700 – $0.4750 (watch for a bounce)
Resistance: $0.5000, then $0.5250
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Buy Zone (Pullback Entry):
I’m eyeing $0.4720 – $0.4780
This zone could act as a strong base if selling cools down.
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Target Areas (Take Profit):
TP1: $0.5000
TP2: $0.5180
TP3: $0.5350
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Stop Loss: Below $0.4650 — no guessing, protect your capital.
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Tip 1: Use the 30-minute chart to spot consolidation before entry.
Tip 2: Don’t enter in panic. Wait for a strong reversal candle with volume.
Tip 3: Breakouts above $0.5000 need momentum—don’t hold blindly if it stalls.
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$WCT T is heating up. Liquidations bring risk—but also opportunity.
I’m staying patient and planning for the next move with clarity.
Follow for more setups like this.
Share with your trading fam—this might be the next one to pop.
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