$WCT Just Faced a Major Shakeup: $2.38K in Shorts Liquidated at $1.1457 – The Storm Is Brewing

After a wave of short liquidations totaling $2.3814K at the $1.1457 level, $WCT is flashing signs of a potential breakout. The bears are being squeezed, and the tide might be turning in favor of the bulls. This liquidation zone is not just a number—it’s a battleground, and the aftermath could reshape the next move.

Analysis & Trade Plan:

Buy Zone:
$1.10 to $1.16
This is the high-demand zone where smart money seems to be stepping in. Accumulation is likely underway, and any retest of this area could offer a solid entry for those eyeing the next leg up.

Targets:

Target 1: $1.32 – Strong resistance from previous consolidation

Target 2: $1.47 – Key breakout level from February highs

Target 3: $1.68 – Fibonacci extension zone signaling momentum continuation

Stop Loss:
Below $1.05 – Clean invalidation point if price breaks below short liquidation interest

Sentiment:
With shorters getting wrecked and price hovering just above the liquidation point, WCT is at a technical pivot. If volume confirms the bounce and bulls hold above $1.14, a bullish breakout could be imminent. Watch for increased volatility and volume spikes—they’ll be the signal that the next wave is on.

Caution:
Don’t chase green candles. Let the market come to your zone. $WCT is moving like a coiled spring—timing is everything.

#wct #BinanceAlphaAlert