The 4‑hour pivot around 0.0103 just turned into a sinking ship.
A quick glance shows the bears have already stamped the floor—read on 👇
Price is grinding lower despite an RSI stuck in the low‑20s, a classic sign of exhaustion that often masks a deeper pull. The flat funding rate tells us there’s no fee‑driven bias, yet the EMA7 is well under EMA25, confirming the downtrend.
On the 4‑hour chart the current area sits near 0.0103. Lose the ~0.0109 zone on a 4H close and the bearish case evaporates. Hold above it and the next objective hovers around 0.0094. Tap $WTC to pull up the chart and see these zones yourself.
My read: $WTC is likely to test the ~0.0094 region unless it rebounds sharply above the ~0.0109 invalidation.
Follow me for the next breakdown when that zone finally gives way. What level are you watching on $WTC? 👇
⚠️ Not financial advice. DYOR.
#WTC #Waltonchain #Crypto #BinanceSquare
A quick glance shows the bears have already stamped the floor—read on 👇
Price is grinding lower despite an RSI stuck in the low‑20s, a classic sign of exhaustion that often masks a deeper pull. The flat funding rate tells us there’s no fee‑driven bias, yet the EMA7 is well under EMA25, confirming the downtrend.
On the 4‑hour chart the current area sits near 0.0103. Lose the ~0.0109 zone on a 4H close and the bearish case evaporates. Hold above it and the next objective hovers around 0.0094. Tap $WTC to pull up the chart and see these zones yourself.
My read: $WTC is likely to test the ~0.0094 region unless it rebounds sharply above the ~0.0109 invalidation.
Follow me for the next breakdown when that zone finally gives way. What level are you watching on $WTC? 👇
⚠️ Not financial advice. DYOR.
#WTC #Waltonchain #Crypto #BinanceSquare
