Massive Liquidation Alert: $WCT Longs Crushed!
The crypto jungle just roared—$4,949.6 worth of $WCT longs were liquidated at $0.6530!
Bulls got ambushed, but is this the perfect chance for the smart money to enter? Let’s break it down:
WCT Technical Analysis - Eyes on the Prize
Current Mood: Oversold & ripe for reversal
Structure: Sharp rejection at resistance, but volume shows accumulation signs
Buy Zone:
$0.6180 – $0.6380
Strong support base
Previous consolidation range
Ideal re-entry zone after liquidation flush
Target 1: $0.6850
Target 2: $0.7120
Target 3 (Moonshot): $0.7650
These levels are based on Fibonacci extensions & previous top rejections.
Stop Loss:
$0.6035 (Close below this level confirms bearish continuation)
Keep risk tight; invalidates bullish setup.
What to Watch:
Whale wallets accumulating?
Recovery above $0.66 with solid volume = confirmation
RSI bounce from oversold levels = potential rally fuel
Factor:
This might be the calm before a bullish breakout. Smart traders buy when others are liquidated. Are you in position?