$WCT
🟥 Bias: Bearish Pullback After Pump
🎯 Potential Setup Idea for $WCT /USDT:
Entry Zone: 1.10 – 1.14
Take Profit 1 (TP1): 1.19
Take Profit 2 (TP2): 1.26
Stop Loss (SL): 1.05
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📉 WCT pumped to 1.3941 and sharply rejected with a strong bearish engulfing candle
📉 RSI(6): 33.76 → nearly oversold, but downtrend pressure strong
📉 MACD histogram flipped bearish; momentum weakening
📉 Big red candle + high volume = possible distribution
🟡 Price is now under the short EMA and near middle Bollinger Band (MB: 1.1887)
🔻 24h Low: 0.9766 — watch this zone if price breaks 1.05 again
🧠 Strategy: Wait for stabilization or confirmation before re-entry. Knife-catching here is risky unless quick bounce.