🔻 $WCT Setup — Brutal Crash... What's Next? 🔍
$WCT just saw a massive dump from over $1.4 to nearly $0.50, wiping out gains from the past 5 days in one move. Let's zoom in:
📉 Price is now below EMA 150 (~$0.75), showing bearish continuation.
📊 Weak bounce attempts — no strong reversal candles yet.
📌 Key support: $0.48–0.50 zone
📌 Resistance to watch: $0.60, then EMA zone at $0.75
🔍 If $WCT drops below $0.48 with volume, more downside towards $0.40–0.35 possible.
📈 But if it forms a solid base and breaks $0.60 with volume, it could squeeze shorts quickly.
🧠 Best move? Wait for confirmation. Either breakdown below $0.48 or reclaim of $0.60+.
💬 Would you long this dip or wait for more blood?