๐ WCT/USDT - SHORT SETUP ๐ฅ
is showing signs of exhaustion after a parabolic +20.36% move, peaking at 0.9784. Current price: 0.8862. The candle printed a huge wick โ classic signal of buying pressure fading. โ ๏ธ
Volume spike ๐ confirms temporary euphoria. RSI and MACD suggest overbought conditions (check your indicators).
๐ข MA(7) at 0.7158, far below current price = stretched. ๐ฅ Heavy resistance near 0.98, rejection confirmed.
๐ฏ Short entry idea: 0.89โ0.91 ๐ Target: 0.80 / 0.75 ๐ SL: Above 0.985
Trade with tight risk! ๐ง ๐ฅ