🔴 $WCT /USDT SHORT TRADE SIGNAL – DISTRIBUTION ZONE COLLAPSE!
$WCT is now trading at $0.5294, down over 2%, after multiple failed attempts to hold above $0.5600 resistance. The 1H chart shows a clean breakdown from a lower high structure, confirming a bearish trend continuation setup with volume fading on bullish candles.
TRADE SETUP (SHORT):
Entry Price: $0.5320 – $0.5390
Target 1: $0.5150
Target 2: $0.4975
Stop Loss: $0.5455
WHY SHORT?
After testing the $0.5650 high, $WCT formed a clear descending pattern with no follow-through on bullish attempts. Price is now hovering near the day’s low of $0.5260, suggesting a possible drop below key support if momentum continues.
RISK MANAGEMENT TIP:
Always protect your capital — place SL above the last rejection wick and exit early if invalidated.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
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