$WCT /USDT BEARISH PULLBACK MAY RESUME – WEAK BOUNCE FROM LOWER RANGE
$WCT/USDT attempted a recovery from the recent drop, currently trading at $0.4068, but the move looks like a temporary relief within a larger downtrend. After failing to reclaim key resistances near $0.4200 and sharply rejecting from the top, the market structure still favors bears.
Trade Setup (SHORT):
Entry: $0.4080 – $0.4150
Take Profit 1 (TP1): $0.3900
Take Profit 2 (TP2): $0.3860
Stop Loss (SL): $0.4220
Outlook:
The 15-minute chart shows a strong rejection at the upper candle wick. Unless bulls step in with volume, this short-term rise could fade. A revisit to the support zone below $0.3900 is possible if price loses momentum under $0.4100.
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