#Write&Earn
*$WCT Bulls Take Control — Short Liquidations Triggered!*
A sudden and explosive move has shaken up the $WCT chart, with a sharp liquidation of $18,758 at $1.2629, catching short sellers off guard. Momentum is shifting, and this could be the start of a breakout rally.
*Technical Analysis:*
- *Short Liquidation Level:* $1.2629 now acts as short-term support and a psychological level for late shorters.
- *Structure Shift:* Price action has transitioned from consolidation to aggression, with bears losing grip and volume confirming the breakout.
- *Buy Zone:* $1.2300 to $1.2650 — ideal entry zone for consolidation or retest post-liquidation, with strong support forming in this range.
*Targets:*
- *Target 1:* $1.3450 — local resistance zone and high-probability level for first take profit.
- *Target 2:* $1.4100 — previous swing high and breakout level.
- *Target 3:* $1.5200 — extended bullish target if momentum continues with rising volume.
*Stop Loss:*
- $1.1950 — below previous higher low and liquidity wick. If price closes below this, trend strength is in question.
*Sentiment Outlook:*
Shorts are under pressure, and liquidations like this often spark bullish rallies. If bulls maintain control above $1.26, further upside is likely. Patience is key — let the price retest and confirm strength.