$WCT /USDT – Breakdown Below Resistance, More Downside Ahead?
$WCT /USDT is showing clear weakness after getting rejected at a key resistance zone around $0.3276. Price is now trading below the horizontal support-turned-resistance around $0.3150, indicating bears may take control. With multiple rejections and lower highs forming, the downside momentum is gaining traction.
📊 Bearish Trade Setup (Short Idea):
• Entry Zone: $0.3130 – $0.3150
• Take Profit 1 (TP1): $0.3050
• Take Profit 2 (TP2): $0.2980
• Take Profit 3 (TP3): $0.2892
• Stop Loss (SL): $0.3276
This setup provides a favorable risk-to-reward ratio if the breakdown continues. Watch for volume confirmation to strengthen the bearish case.