$WCT 4 Hourly Chart—— Life and Death Line Test

• Pattern: A large bearish candlestick (sell-off) has appeared, almost engulfing the previous gains.

• Key Support: Please note the yellow line EMA7 (0.08753). The recent low price pin (0.0866) precisely hit near this line and bounced back.

• Conclusion: As long as the 4-hour close does not fall below 0.087, the upward trend is still intact; this is just a deep wash during the upward move.

2. Hourly Chart—— Looking for Support

• Moving Average Support: The price has retraced to near the purple EMA25 (0.08695). This is the lifeline of the swing market.

• RSI Indicator: The RSI has dropped to around 43, retreating from the overbought zone to the neutral weak zone, and most of the short-term selling pressure has been released.

3. 5-Minute Chart—— Signs of Stopping the Decline

• After hitting the bottom at 0.0866, the price has started to rebound slightly, and the MACD momentum bars are beginning to shorten, indicating that the sell-off power is waning and is attempting to build a small bottom.

Strategy A: Buy the Dip to Bet on Rebound (Main Strategy)

• Logic: The trend is unbroken, and the dual moving average support of EMA7 and EMA25 is effective; it has washed out high-leverage contracts, making it easier to pull up.

• Buy Point: You can try light positions near the current price of 0.088, or place orders at 0.0865 - 0.0870 (the recent pin position).

• Stop Loss (must be strict): Set at 0.0845. If it falls below this level, it indicates that the 4-hour trend has been broken, and the main trader may be unloading, so you must exit.

• First Target: Look for a rebound to 0.093 - 0.094 (previous support turning into resistance).

• Second Target: If it can stabilize above 0.094, then look at the previous high of 0.099.

Strategy B: Right Side Follow Long (Conservative)

• As the fee advantage has disappeared, the current upward momentum has weakened. If you want to be conservative, you can temporarily wait and see.

• Wait for the price to re-establish above 0.093 and hold for 15 minutes, confirming that the washout is over before entering. #加密市场观察