🚨 $WCT Massive Short Liquidation Alert 🚨
$1.5144K Liquidated at $1.2768 – the bears just took a heavy blow. Here's your full technical breakdown and a thrilling trade setup for $WCT that could offer a powerful move ahead.
Market Pulse:
WCT just witnessed a sharp short liquidation at $1.2768, a price zone that previously acted as strong resistance. The breakout and liquidation event signals potential trend reversal or an explosive continuation upward, depending on upcoming volume and confirmations.
Technical Analysis & Trade Setup
Buy Zone:
$1.2600 to $1.2850
This is the re-test area after the short liquidation
Strong support forming here due to liquidated short positions
Potential accumulation zone before the next leg up
Target Zones:
Target 1: $1.3400 — First resistance, expect minor rejection or pause
Target 2: $1.4100 — Liquidity zone where prior wicks were trapped
Target 3: $1.5140 — Key psychological and liquidation alignment target
Target 4: $1.6000 — Fibonacci extension level; ambitious but possible if momentum holds
Stop Loss:
Below $1.2300
Invalidates the bullish breakout
Under this level, sellers could regain control
Why This Setup Matters:
The recent liquidation is not just a random spike. It signals that shorts are getting squeezed out, and smart money may be entering for a bullish leg.
Volume confirmation on the breakout adds weight to the upside thesis.
Psychological reaction after liquidation often fuels panic buying from late shorters.
Strategic Take:
Enter patiently within the re-test zone, ride the momentum with discipline, and respect the stop-loss. Don't chase the highs, let price come to your level. $WCT could be staging for a trend-setting breakout.
Let the charts tell the story. Watch how the price behaves around $1.2768 — it’s no longer just a number, it’s the battlefield where the shorts fell.
