The 4‑hour candle just closed 58% below yesterday’s high, and $WTC is staring at the 0.0103 floor.
Read the price action before you chase a rebound 👇
Price is hammering the EMA7 under EMA25 while RSI hovers just above 20 – a textbook oversold trap. The bearish 4‑hour structure stays intact, and with no unmitigated FVG the market has no cushion for a quick pop.
If $WTC slips below the ~0.01035 pivot, the next target sits around the 0.0094 zone. Lose the ~0.01035 area on a 4‑hour close and this read is off the table; a clear break above ~0.01087 would invalidate the bearish case.
I see the market likely to test the 0.0094 area before any hope of a bounce.
Follow me for the next update when the 0.0094 zone either holds or breaks, so you don’t miss the shift.
What do you think the next decisive move for $WTC will be? 👇
⚠️ Not financial advice. DYOR.
#WTC #Crypto #BinanceSquare