$WCT SHARP DROP – BEARS IN CONTROL
#WCT is currently showing a clear downward trend. After reaching a high of $0.4703, the price retraced significantly and is now trading at $0.4241, marking a -9.52% loss in the last 24 hours. Sellers are dominating the chart and the pressure continues
Current Market Data:
Price: $0.4241
24h High: $0.4703
24h Low: $0.4199
24h Volume: 32.57M WCT / 14.23M USDT
Chart View:
The 1-hour chart shows a strong pullback from $0.4788 to $0.4241.
Price has fallen below the mid Bollinger Band (MB: $0.4288), indicating bearish momentum.
Volume has declined, suggesting weakening buyer interest.
Support from $0.4217 (Bollinger lower band) is being tested.
Key Zones:
Resistance: $0.4350 – $0.4480
Support: $0.4210 → $0.3989
If WCT breaks below $0.4210 with volume, a revisit of the $0.3989 level is likely. Bulls need to reclaim $0.4300 to shift short-term momentum.
Conclusion:
WCT is in a correction phase after a strong rally. Traders should be cautious. A confirmed hold above $0.4210 is critical to avoid deeper downside.
Buy and Trade here on $WCT -DYOR