$WCT /USDT BEARISH BREAKDOWN — SHARP DROP FROM LOCAL STRUCTURE!
$WCT just dropped sharply from the $0.57–$0.59 range and is now hovering around $0.5484, down 13% on the day. A long red candle on the 15-minute chart indicates panic selling or stop-loss triggers, and price has broken recent support levels. Minor recovery seen, but momentum remains weak.
Trade Setup (SHORT):
Entry: $0.5520 – $0.5620
Target 1: $0.5300
Target 2: $0.5080
Stop Loss: $0.5700
Why Short?
WCT failed to sustain above the $0.60 resistance and faced multiple rejections. The latest breakdown candle closed with strong bearish volume, confirming a lower high and initiating a bearish leg. Unless price reclaims $0.5600 with strength, continuation down is likely.
Risk Management Tip:
If entering short, use tight SL near resistance. Protect capital by exiting quickly if bullish engulfing candles appear near $0.5550.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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