$WCT TESTING RESISTANCE – WILL BULLS BREAK THROUGH OR STALL OUT?
$WCT is trading at $0.4062, climbing +9.64% on the day and hovering just below key resistance. Price action shows bullish intent, but sellers are guarding the breakout zone.
Key Levels to Watch:
• Resistance: $0.4087 – A confirmed breakout above this could ignite a rally toward $0.4160 and $0.4235.
• Support: $0.3950 – A drop below this zone may drag price toward $0.3880 and $0.3800.
Trade Setup – Momentum Building:
Bullish Scenario:
• Entry: Above $0.4087 (breakout confirmation)
• Target 1: $0.4160
• Target 2: $0.4235
• Stop-Loss: Below $0.3950
Bearish Scenario:
• Entry: Below $0.3950 (breakdown confirmation)
• Target 1: $0.3880
• Target 2: $0.3800
• Stop-Loss: Above $0.4087
Volume remains moderate but watch for a breakout surge—this zone could trigger the next major move.