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📉 $WCT /USDT – Heavy Breakdown, Looking for a Bottom Tren

CryptoPotato

Updated at: 10 hours ago

{"content":"📉 $WCT /USDT – Heavy Breakdown, Looking for a Bottom Trend Context: After a parabolic rally to ~$1.45, WCT entered a brutal correction phase. Price has now dropped over 70% from local highs, consolidating near $0.42–0.43 support. Moving Averages: WCT is trading below all key MAs (7, 25, and 99), suggesting ongoing bearish control. The 7 MA ($0.4279) and 25 MA ($0.4718) are acting as short-term resistance levels. No sign yet of a bullish crossover or reversal momentum. Support & Risk Zone: Strong horizontal support appears near $0.40–$0.42 — if this fails, price could revisit $0.36–0.35 range or lower. Bullish reversal needs to reclaim $0.50 and flip the 25MA to regain market structure. 🧠 Summary: WCT is in post-hype exhaustion, currently building a base at former support. It’s in a high-risk accumulation zone, but confirmation is still missing. Watch for volume pickup + reclaim of $0.50 for a safer trend reversal bet. ⚠️ DYOR – Do Your Own Research This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/07/fb3e12b6e7a34ae68d2a18c813afe4ee.png"],"tags":[],"tradingPairs":["WCT/USDT"],"quotearticleid":0}

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