$WCT experienced a harsh rejection from the $1.3736 zone, crashing down to the $0.60 region. Although a short-term rebound could be possible, now isn’t the moment for blind confidence.

Important Price Zones:

Support Areas:

$0.59–$0.61: This is the present demand region where a surge in volume appeared, hinting at a potential temporary recovery.

$0.52: The next crucial defense level — if lost, it could open doors to sharp declines.

$0.42: A significant historical support from the previous accumulation phase.

Resistance Points:

$0.97: Former support now acting as resistance. A decisive reclaim here could indicate strength.

$1.20: Key liquidity pocket; breaching this might trigger a wave of short liquidations.

$1.50–$1.80: Breakout territory. If bulls show strong momentum, a rally toward $2.60 could still be possible.

Market Sentiment:

Despite intensified trading volume, price action remains weak. The $0.60 zone is absolutely vital — holding this level might set up a bullish reversal. Failing it would likely drive the price to test $0.52, then $0.42. On the other hand, recovering $0.97–$1.20 would ignite upward momentum.

In Summary:

Hold $0.60 → Possible upward reaction.

Break below $0.60 → Eyes on $0.52 and $0.42.

Regain $0.97 → Potential for a breakout toward $1.50–$1.80, even $2.60.