⚠️ #WCTUSDT Analysis | Potential SHORT Setup (4H Chart)

🧠 Professional Insight:

WCTUSDT is showing a classic bearish retest pattern on the 4H chart. After forming a local bottom at 0.2860, the bounce was weak, and it’s currently rejecting at the 25EMA zone (0.32 - 0.325) — which aligns with prior support now acting as resistance.

🟣 MA(99) overhead at 0.37 is still sloping down.

📉 RSI: Hovering around 42 (no strong bullish momentum).

📉 MACD: Weak crossover, but no follow-through volume confirms hesitation.

💼 TRADE SETUP (SHORT)

• Entry (Sell): 0.3170 – 0.3200

• Target (TP):

1. TP1: 0.3000 (psychological level)

2. TP2: 0.2860 (previous low)

3. TP3: 0.2725 (extension if breakdown accelerates)

• Stop-Loss (SL): 0.3330 (above EMA cluster and last bearish rejection)

📈 Risk/Reward: Approx 1:2.5

🎯 Trade Type: Futures Short

⏰ Timeframe: 4H (1-2 day holding period)

🧠 Reasoning:

• Lower highs forming consistently

• Weak RSI/MACD recovery despite bounce

• MA(7) < MA(25) < MA(99) confirms overall trend is still bearish

• Volume on green candles is fading, showing lack of strong buyer support

⚡️ Professional Verdict:

Unless the price flips above 0.3330 with strong volume, this bounce looks more like a dead cat bounce than a reversal. Favoring shorts toward 0.2860.

💬 Risk management first. Use leverage carefully. Monitor price action near TP1 — scale out if

Long
67%
Short
22%
Sideways
11%
9 votes • Voting closed