๐ฅ$WCT ๐ฅ
๐ Current Market Overview:
Price: $0.5016
24h Change: -9.29%
24h High: $0.5569
24h Low: $0.4922
WCT is currently in a clear downtrend, showing strong selling pressure. It dropped from $0.56 to a low of $0.4922 before attempting a small bounce.
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๐ Short-Term Trading Zones:
Support Zone: $0.48 โ $0.50
If this support holds, we could see a short rebound.
Resistance Zone: $0.53 โ $0.55
Any bounce is likely to face selling pressure in this range.
Breakdown Risk:
If WCT falls below $0.48 with high volume, the next downside target could be around $0.45.
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๐ก Quick Strategy:
Buy Opportunity: Around $0.49โ$0.50 (if signs of stabilization appear).
Take Profit: $0.53โ$0.55
Stop-Loss: Below $0.48 to manage risk.
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โ ๏ธ Note: The trend remains bearish. Only attempt short-term trades with a clear risk management plan and tight stop-losses. Watch volume and candle patterns closely before entering positions.