ALERT: $WCT Long Liquidation Detected – $18.75K at $0.5906
The bulls just took a major hit! A long liquidation worth $18,752 has shaken weak hands at $0.5906 – is this the dip before the rip, or the start of a deeper fall?
Let’s break it down:
Technical Analysis:
Buy Zone (Accumulation Zone):
$0.5650 – $0.5850
Strong historical demand and recent liquidation signal potential smart money interest. Watch for consolidation in this range.
Key Resistance (Target Zones):
Target 1: $0.6200 (Short-term recovery target)
Target 2: $0.6550 (Breakout level – possible FOMO zone)
Target 3: $0.6880 (Final bull target if momentum explodes)
Stop-Loss:
Below $0.5600
A clean break below this level may trigger further downside – respect your risk!
Sentiment Check:
Longs shaken = Opportunity for entries
High liquidation = Potential reversal zone
RSI nearing oversold on the 4H chart (bullish hint)
TAKE:
The bears just flexed, but this could be a "shakeout before breakout". Smart entries in the $0.57–$0.58 zone could ride the next wave of bullish revenge. If $WCT reclaims $0.62 with volume – we’re back in the race.
Watch closely. Act smart. Ride the volatility.