$WCT
/USDC BEARISH BREAKDOWN CONFIRMED – SELL PRESSURE STAYS STRONG!
$WCT is currently trading at 0.4897, marking a deep 9.40% drop for the day. The 15-minute chart reveals a persistent downtrend with no strong bullish recovery. Every minor bounce is getting sold off, and price is consolidating just above the key support at 0.4870. This signals potential for another leg down if buyers don’t step in soon.
Trade Setup (SHORT):
Entry Price: 0.4900 – 0.4950
Target 1: 0.4750
Target 2: 0.4600
Target 3: 0.4420
Stop Loss: 0.5050
Why Short?
The continuous lower highs and steady decline indicate strong bearish momentum. Price is hovering just above the 24h low ($0.4869), suggesting a breakdown is imminent. Lack of recovery volume further confirms seller dominance.
Risk Management Tip:
Place SL above 0.5050 to protect against reversal spikes. Once TP1 is hit, move SL to entry to secure profits and manage risk smartly.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
