๐ป $WCT Slips -5.60% โ Time to Watch or Walk Away? ๐ง
$WCT , an infrastructure token, is currently trading at $0.4066, down sharply from the 24h high of $0.4336. Bears are dominating with 74.56% sell pressure on the order book, and the 1H chart shows a steady downtrend testing a key support near $0.4026.
๐ Key Stats:
๐ด Today: -5.29%
๐ 7D: -14.85%
โ ๏ธ 30D: -20.18%
๐ Consolidating near bottom after persistent sell-off
๐ก Investor Insight:
This could signal a potential reversal zone or a trap for early entries. Volume remains moderate (~21M WCT), and the bounce attempts are weak. Unless a clear bullish divergence or breakout above $0.4160 occurs, caution is advised.
๐ Crucial Levels:
Resistance: $0.4160
Support: $0.4026
Watch for candle close above $0.4100 for trend reversal cues.
โ ๏ธ Disclaimer: This post is for educational purposes only. Always DYOR and assess your risk appetite before investing.
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