Bluechip
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Breaking Market Focus: $WCT on 4h Faces Bearish Pressure Near Recent Low
The $WCT market trend is firmly bearish, with prices hovering close to a recent low at approximately 0.0943, indicating a continued seller stronghold.
Currently, traders should monitor the 0.0894 support level closely; a drop below this point could trigger further bearish momentum towards 0.0814. Conversely, a bullish reversal from below this support, coupled with a recovery above 0.0894, may present a valid entry point around 0.0945–0.0955. If prices rally beyond the resistance at 0.1122, upside targets could extend towards 0.1352.
The $WCT market trend is firmly bearish, with prices hovering close to a recent low at approximately 0.0943, indicating a continued seller stronghold.
Currently, traders should monitor the 0.0894 support level closely; a drop below this point could trigger further bearish momentum towards 0.0814. Conversely, a bullish reversal from below this support, coupled with a recovery above 0.0894, may present a valid entry point around 0.0945–0.0955. If prices rally beyond the resistance at 0.1122, upside targets could extend towards 0.1352.
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WCT
0.0885
+0.79%