realisticAnalysis

#WCT🔥🔥🔥🔥
$WCT


Here’s a detailed technical analysis of WCT/USDT based on the indicators (support/resistance, 100-day moving average, RSI, and Stochastic RSI):

1. Key Levels

Support Zone: Around 0.600 - 0.615 USDT (blue ascending trendline).

Resistance Zone: Around 0.664 USDT (horizontal line from recent highs).

2. Indicators Analysis

100-Day Moving Average (Orange Line)

Currently acting as dynamic support.

Price is above the 100MA — generally a bullish sign.

Trend direction: Upward sloping, confirming ongoing uptrend.

RSI (14)

Currently at 54.75, showing neutral to slightly bullish momentum.

Not in overbought (>70) or oversold (<30) territory — price can move either way.

RSI crossing above 50 is bullish confirmation.

Stochastic RSI (14,3,3)

Both lines are rising, with a bullish crossover near the oversold zone.

This suggests momentum is shifting to the upside — a potential entry confirmation.

3. Suggested Trade Strategy

Bullish Scenario

Entry Point (Buy Zone):

On pullback near 0.620 - 0.630 USDT (close to support and 100MA).

Or breakout confirmation above 0.664 USDT (resistance) with strong volume.

Stop-Loss:

Below 0.600 USDT, as breaking support invalidates bullish structure.

Take Profit Targets:

TP1: 0.680 (previous local highs)

TP2: 0.720 (next resistance zone)

TP3: 0.780+ (if breakout continues)

Bearish Scenario

Entry Point (Sell/Short):

Rejection from 0.664 USDT resistance with bearish candle pattern + RSI/StochRSI divergence.

Stop-Loss:

Above 0.670 USDT (resistance break invalidates short).

Take Profit:

TP1: 0.630 (near support)

TP2: 0.600 (bottom trendline)

TP3: 0.580 (if breakdown confirmed)

4. Summary for Followers

Trend: Bullish above 100MA.

Watch levels: Buy on dips above 100MA or breakout above 0.664.

Indicators: RSI & Stoch RSI support short-term upside.

Risk management: Use stop-loss wisely around support break.