đ $WCT /USDT: Downtrend Deepens (-3.97%) â Bounce Zone or Breakdown Ahead?
The WCT/USDT pair is sliding to $0.3219 (-3.97%), hovering just above its 24H low of $0.3195, with 40.99M WCT ($13.94M USDT) traded. As infrastructure tokens come under pressure, traders are watching closely â will WCT bounce from here or break lower?
đ§ Technical Breakdown
EMA Struggle:
Price sitting below EMA(7): $0.3256 and EMA(25): $0.3303 â short-term momentum fading
EMA(99): $0.3351 remains strong overhead resistance
Volume Watch: $13.94M in turnover â sellers maintaining control
Range Recap:
High: $0.3764 â now 15% off that peak
Low: $0.3195 â key support now being tested
đŻ Possible Moves
đą Bullish Reclaim: Holds $0.3195 â aims for $0.3256 (EMA7) â $0.3290
đŽ Breakdown Risk: Cracks $0.3195 â heads toward $0.3150 support
âïž Trading Setups
1ïžâŁ High-Risk Entry: Buy near $0.3195, tight stop under $0.3150
2ïžâŁ Confirmation Trade: Wait for a clean close above $0.3256 (EMA7)
đĄ Market Context
RSI (4H): 38 â nearing oversold, possible bounce setup
Liquidation Heatmap:
Short squeeze likely above $0.3256
Longs at risk below $0.3195
Sector Note: Infrastructure plays lagging in current cycle
đ Your Strategy?
Buying the dip or waiting for clarity?
(DYOR â This zone is high-stakes!)
P.S. BTC still dictates the mood â stay alert for sharp moves. Set price alerts at $0.3256 and $0.3195. #WalletConnect @WalletConnect