đš $WCT /USDT ATTEMPTS RECOVERY AFTER -4.50% DROP â BOUNCE OR BULL TRAP? â ïžđ
WCT is trading at $0.3057, still down -4.50% for the day â but the 15-min chart shows a recovery from the $0.2869 low, bouncing into short-term resistance at $0.3079.
đ EMA Pressure:
Price is hovering around the 7 EMA (0.3057) and 25 EMA (0.3035)
Still facing rejection near the 99 EMA (0.3084) â needs a breakout above for bullish confirmation
đ Trade Idea (Short-Term Focus):
Breakout Entry: Above $0.3090 with volume, aiming for $0.3163
Pullback Buy Zone: $0.3000 - $0.2950 (watch for EMA support bounce)
Stop Loss: Below $0.2890 (under todayâs low)
đĄ Momentum is building, but WCT must clear 99 EMA resistance to confirm further upside. Watch closely â this could flip quickly either way.