Dear #Traders💞💞
$WCT AFTER THE BLASTOFF, A COOLING PHASE❓❓$WCT surged from $0.3510 to an explosive $1.3941 but after the parabolic move, it’s now correcting hard, down -45.36% in the last 7 days and sitting at $0.5028 (-9.96%).
Bearish volume has taken over, but this could be:
🔹 A healthy retracement after extreme upside
🔹 Prepping for a potential re-entry zone around $0.48–$0.50
🔹 Still +34.03% in the last 30 days, showing long-term strength
🔍 Trade Setup (Caution Advised):
• Entry Zone: $0.48 – $0.50
• TP1: $0.58
• TP2: $0.65
• SL: Below $0.45
Wait for a reversal candle before entry.
This is where smart money watches patiently don’t chase, strategize!