$WCT Retest or Reversal?
After reaching a local high of $1.39, $WCT has retraced heavily now consolidating around $0.56, a key support level from May. This isn’t just a crash; it looks like a classic shakeout before the next leg up.
Sentiment-wise, the crowd is panicking but smart money might be quietly loading up. If support holds, a sharp recovery toward $1.10+ is possible, and a full retrace to the highs isn’t off the table.
The setup is clean. The fear is high. The bounce could be violent.