$WCT /USDT – SHORT TRADE ENTRY OPPORTUNITY!!💯🔥
A sharp rejection has occurred after tapping the $0.5600 zone, leading to an aggressive bearish engulfing candle. $WCT/USDT failed to hold above the $0.5000 psychological level, confirming a potential short-term reversal and offering a clean short setup.
Trade Setup
Short Entry: $0.4900–$0.4950
Targets:
• TP1: $0.4620
• TP2: $0.4380
Stop Loss: $0.5080
Market Outlook
The high volatility rejection and volume spike on the red candle indicate distribution. Price is likely to retrace deeper unless bulls reclaim the $0.5100 zone quickly.
Pro Tip: Watch for a 15m close below $0.4850 to confirm momentum. Use tight SL and trail to secure profits as support nears.
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