$WCT /USDT has completed a sharp parabolic rally but is now showing strong rejection near the overhead supply zone around 0.0950–0.1050, with a clear bearish reversal candle on elevated volume.
Price action on lower timeframes forms lower highs and lower lows, with aggressive selling pressure dominating and green candles failing to hold gains. Current price at 0.0876 is breaking down sharply from the range support with bearish momentum accelerating, favoring continuation lower as long as resistance at 0.0900–0.0920 caps any rebound. Trade Setup Entry Range: 0.0860 – 0.0885 Target 1: 0.0800 Target 2: 0.0750 Target 3: 0.0700 Stop Loss: 0.0930
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$WCT /USDT has completed a sharp parabolic rally but is now showing strong rejection near the overhead supply zone around 0.0950–0.1050, with a clear bearish reversal candle on elevated volume.
Price action on lower timeframes forms lower highs and lower lows, with aggressive selling pressure dominating and green candles failing to hold gains.
Current price at 0.0876 is breaking down sharply from the range support with bearish momentum accelerating, favoring continuation lower as long as resistance at 0.0900–0.0920 caps any rebound.
Trade Setup
Entry Range: 0.0860 – 0.0885
Target 1: 0.0800
Target 2: 0.0750
Target 3: 0.0700
Stop Loss: 0.0930