$WCT IN SHARP DECLINE – BOUNCE OR BREAKDOWN?
$WCT/USDT is trading at $0.5530, down over 30% in 24h after a major breakdown. Price is trying to stabilize near intraday lows, but resistance levels are building above. A weak bounce or rejection here could drive a deeper selloff.
Key Technical Levels
• Resistance:
• $0.5620 – First resistance to watch
• $0.5880 – Mid-range barrier
• $0.6150 – Strong resistance zone
• Support:
• $0.5460 – Immediate support
• $0.5080 – Major support zone (24h low)
Bullish Targets (on bounce):
• TP1: $0.5620
• TP2: $0.5880
• TP3: $0.6150
Bearish Targets (if breakdown resumes):
• TP1: $0.5400
• TP2: $0.5080
A break above $0.5620 may offer relief, while failure to hold $0.5460 could trigger further downside.