$WCT SIGNAL FOR NOW !!
1. Price is falling: It dropped from ~0.63 to 0.60, and it’s staying below key averages (like the "0.609" level).
2. Trend is down: The averages are sloping downward, signaling sellers are in control.
But!
- If the price rises above 0.609, the downtrend might pause or reverse. Set a stop-loss just above this level.
- The small bounce from 0.6033 to 0.6063 shows buyers are trying, but they haven’t broken the trend yet.
What to do?
- Short-term bearish trades (sell) could work, but keep tight risk controls.
- Watch for a drop below 0.6033 (recent low) for more downside.
Remember: Always use a stop-loss, and don’t risk more than you can afford to lose.