$WCT

๐ŸŸฅ Bias: Bearish Pullback After Pump

๐ŸŽฏ Potential Setup Idea for $WCT /USDT:

Entry Zone: 1.10 โ€“ 1.14

Take Profit 1 (TP1): 1.19

Take Profit 2 (TP2): 1.26

Stop Loss (SL): 1.05

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๐Ÿ“‰ WCT pumped to 1.3941 and sharply rejected with a strong bearish engulfing candle

๐Ÿ“‰ RSI(6): 33.76 โ†’ nearly oversold, but downtrend pressure strong

๐Ÿ“‰ MACD histogram flipped bearish; momentum weakening

๐Ÿ“‰ Big red candle + high volume = possible distribution

๐ŸŸก Price is now under the short EMA and near middle Bollinger Band (MB: 1.1887)

๐Ÿ”ป 24h Low: 0.9766 โ€” watch this zone if price breaks 1.05 again

๐Ÿง  Strategy: Wait for stabilization or confirmation before re-entry. Knife-catching here is risky unless quick bounce.

$WCT

WCT
WCTUSDT
0.06236
-0.24%

#TradingTypes101 #MarketPullback