Let's take a look at the recent trend of WCT.

**4-Hour Chart: The Key Moment Has Arrived**

This large bearish candle has dropped down, essentially wiping out the previous gains. But don't rush to run away—look here— the yellow line is EMA7 (0.08753), and the recent low price (0.0866) is hovering around this area. It closed back up again. What does this indicate? As long as the 4-hour candlestick doesn't break below 0.087 at the end, the upward trend remains intact. This current sharp decline is likely just a shakeout in the middle of the move.

**1-Hour Chart: Looking for Support**

The price retraced to the purple EMA25 (0.08695), which is particularly critical for the wave. Meanwhile, the RSI indicator has dropped from overbought levels and is now around 43, having moved from high levels back to a neutral-weak zone. This suggests that the short-term selling pressure has been mostly released, and the market isn't as eager to escape anymore.

**5-Minute Chart: Bottom Signal**

After bottoming out at 0.0866, the price started to rebound slightly, and the MACD momentum bars are shrinking, indicating that the selling force is waning. It looks like a small bottom is forming.

**Trading Ideas**

**Option 1: Buy the Dip on the Rebound (My Main Idea)**

Since the trend hasn't broken yet, and the EMA7 and EMA25 support lines are still effective, consider buying. How to operate specifically? You can try a small position around 0.088 now, or place limit orders between 0.0865-0.0870 (just at that recent spike).

But stop-loss must be tight: 0.0845. If it drops below this, the 4-hour trend is truly broken, and the whales might really be dumping, so get out quickly.

What’s the target for the rebound? First, look at the 0.093-0.094 zone (previous support turned into resistance). If it can hold above 0.094, then try to retest the previous high of 0.099.

**Option 2: Wait and Be Conservative (For the Cautious)**

The rate advantage has diminished, and the upward momentum is actually weakening. If you want to be more cautious, you can keep watching. Wait until the price reclaims above 0.093 and stays above this level for 15 consecutive minutes to confirm the shakeout is truly over, then enter.

The key still depends on the 4-hour close. That 0.087 line is now the dividing line between life and death.