WCT back
📌 Entry Zone:
🔹 Around $0.5130–$0.5160 (current consolidation zone after a strong move)
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🎯 Targets:
✅ Target 1: $0.5220 (recent high resistance)
✅ Target 2: $0.5400 (next psychological resistance area)
✅ Target 3: $0.5700 (extension target if momentum sustains)
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🛑 Stop-Loss:
🔻 Below $0.4950 (break below recent support zone and MA(10))
To entre $WCT
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📊 Technical Analysis:
🔸 Momentum: WCT is up +2.45%, showing bullish structure with higher highs and higher lows.
🔸 RSI (6): 83.35 — deep in overbought territory, suggesting potential for minor pullback or consolidation before further move.
🔸 MACD: Bullish crossover observed, with MACD slightly above the signal line — early bullish continuation signal.
🔸 Volume: Decent sustained volume (80K+), indicating healthy interest behind the move.
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💡 Bullish Confirmation:
A clean break and hold above $0.5170 could open the way to $0.5220 and beyond.
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📢 Risk Management:
✔️ Lock partial profits at each target and trail stop-loss.
✔️ Holding above $0.5050 keeps momentum intact.
✔️ Falling below $0.4950 could invalidate the current bullish setup.
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📈 Trend is bullish—Are you positioned for the breakout?
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