$WCT /USDT Bearish Pressure Mounts Below EMA Cluster
Current Price: $0.4074
4H trend remains bearish as price trades below EMA(7), EMA(25), and EMA(99). Rejection from $0.446x and failure to reclaim EMA(7) confirms downtrend continuation. MACD bearish crossover and RSI at 29 show weakness with no reversal signs yet.
🔻 Trade Setup (Short Bias Active):
Entry Zone: $0.408 – $0.412
TP1: $0.398
TP2: $0.385
TP3: $0.368
SL: $0.433
📉 Structure & Momentum:
– Bearish structure: Lower highs + lower lows
– MACD: Still negative
– OBV: No strong buyers
– RSI: Oversold, but no bounce confirmation
⚠️ Reversal Conditions:
Only consider long if price closes above $0.433 with volume + MACD shift + RSI > 45.
WCT still looks weak until then, follow the bearish flow.