📉 $WCT /USDT (1D) — Bleeding Slowly Into Oblivion? Price:
CryptoPotato
Updated at: 8 hours ago
{"content":"📉 $WCT /USDT (1D) — Bleeding Slowly Into Oblivion?
Price: $0.3450
Timeframe: 1D
Change: -1.34%
📊 Technical Breakdown:
MA 7: $0.3682 (current price below short-term trendline — bearish)
MA 25: $0.5388 (price collapsed far beneath mid-term momentum)
MA 99: Not available yet due to young listing
🧠 What’s Happening?
WCT had a parabolic run-up, printing a wicked top above $1.50, but since then, it's been nothing short of a rug-style decline. Now it’s stuck under major moving averages and bleeding out in silence.
The current price is hovering at pre-pump levels, meaning all short-term hype has fully cooled off. No bounce. No base. Just gravity.
⚠️ Caution Signs:
No clear support holding — price is drifting without meaningful consolidation.
MA 7 & MA 25 are trending steeply downward, indicating no buyers stepping in.
Risk of falling into the $0.28–$0.30 range next unless a reversal candle emerges soon.
🔍 What to Watch:
SignalObservationVolumeLikely dried upSupport Zone$0.30 (psych level)Bounce ConfirmationDaily close > $0.38Bear Trap RiskPossible, but weak
🔮 Outlook:
Short-term: Pain train unless a surprise wick or news breaks.
Mid-term: Needs major reclaim of $0.40+ to regain trust.
Bottom line: Right now it's a falling knife — catching it without confirmation is not trading, it's gambling.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be brutal — protect your capital, always trade with discipline!
@WalletConnect ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/19/3c0e61a9bf834cf59af6287127af5fac.png"],"tags":[],"tradingPairs":["WCT/USDT"],"quotearticleid":0}