$WCT /USDT short trade signal
SHORT TRADE SIGNAL – BEARISH REVERSAL FROM PARABOLIC TOP!
After topping out at $1.3941, $WCT has entered a sharp correction phase, currently trading at $0.5379 with a -9.00% daily drop. The recent breakdown of key support zones suggests a loss of bullish momentum, while daily candles continue to print heavy wicks and selling pressure.
Trade Setup (SHORT):
Entry Zone: $0.5400 – $0.5700
Target 1: $0.4870
Target 2: $0.4300
Target 3: $0.3680
Stop Loss: $0.6100
Why Short?
The vertical rally from $0.3510 to $1.39 formed a classic blow-off top. Since then, $WCT has printed consecutive large red candles with high volume, showing clear signs of a distribution phase. Price is now breaking the $0.55 psychological level, opening room for deeper downside if buyers don’t step in soon.
Risk Management Tip:
Use tight SL and trail your stop once price hits the first target. Sharp falloffs like this often come with fast retracements — protect your profits.
Sell smart — don’t chase green candles when the trend is turning red!
buy and trade here on $WCT
