$WCT: Infrastructure Death Spiral Accelerates! 🚨📉
$WCT implodes -1.88% on collapsing volume! Current vol (1.01M) less than half of MA(5) (2.39M) – textbook distribution pattern. Breakdown below $0.2923 confirms bear flag activation!
🔥 Key Levels
RESISTANCE: $0.2923 → $0.2999 (rejection zone)
SUPPORT: $0.2834 (24h low) → $0.2785 (liquidity vacuum)
⚡ Trade Setup – SHORT Opportunity
Entry Zone: $0.2910 - $0.2930 / $0.2880 (Breakdown)
Stop Loss: Above $0.2960 (Resistance reclaim)
TP1: $0.2834 (Liquidity grab)
TP2: $0.2785 (Profit zone)
TP3: $0.2700 (Psychological meltdown)
💡 Market Insight
4H Bollinger Band expansion signals volatility surge. 1H close below $0.2900 triggers cascade to $0.2785!