$WCT Fading Bounce in a Bear’s Grip....

$WCT just printed a minor bounce after a consistent intraday bleed. On the 15-minute chart, the recovery looks weak, and the lower highs suggest sellers remain in control ideal setup for a short trade if this bounce fizzles.

Short Trade Setup:

• Entry Zone: 0.3100 – 0.3120

• Take Profit 1 (TP1): 0.3045

• Take Profit 2 (TP2): 0.2985

• Stop Loss: Above 0.3160

Market Insight:

Price briefly defended the 0.3070 support but failed to attract strong buyers. The order book shows a dominant selling wall (over 60%), and the previous rally was met with rapid rejection. This dead-cat bounce may just be a shorting opportunity in disguise. Stay sharp.