⚠️ $WCT /USDT – Heavy Selloff, Eyes on Reversal Setup! -45.96% 📉
Momentum Analysis: $WCT plunged to $0.6212, marking a 45.96% decline after peaking at $1.3736 in the last 24 hours. Price found temporary support at $0.5083, suggesting a potential relief bounce or accumulation phase as volumes remain elevated (330.07M WCT, $255.30M USDT).
Long Setup (High Risk Reversal):
Entry Zone: $0.59 – $0.64
Targets:
T1: $0.6589
T2: $0.8538
T3: $1.0486
Stop Loss: $0.5080 (recent low invalidation)
Breakout Reversal Level: $0.6589 (first resistance reclaim)
Key Support: $0.5083
Pro Tip: Oversold rebounds after extreme dumps often yield volatile bounces. Watch for volume spike and bullish divergence on the 1H RSI before entering. Ladder orders for risk control.