$WCT /USDT: Sharp decline after a brief rise! 🔻
WCT is in sharp decline! Current price $1.1246 (+1.49%), but the charts scream an imminent reversal!
Trading Setup (Short): 🚨
• Entry: $1.12 - $1.18
• Targets (TP): $1.05, $0.98, $0.89
• Stop Loss (SL): $1.38 (above the rejection peak)
Why the drop? 📉
Violent rejection: Sharp rebound from $1.3736 with a massive red candle.
Whale escape: Sudden rise then immediate drop = whales exiting!
Reversal confirmation: Collapse below $1.20 confirms reversal pattern.
High volatility: Clear trend shift on the hourly chart.
• Professional tip: 💡
Short selling on any rebound towards $1.18 - $1.22 is best. Use a tight stop loss and manage risks, as volatility is coming!
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