As of 09:27 PM IST on July 2, 2025, a detailed technical analysis of the WCT/TetherUS (WCT/USDT) pair reveals key insights. The current price is 0.3025 USDT, down 0.59% recently, but the chart shows a historical peak near 1.4000 USDT, indicating significant past bullish momentum. The price is currently below both short-term and long-term moving averages (red and blue lines), suggesting a bearish short-term trend. However, the recent consolidation above key support levels, as observed in the past month, hints at potential accumulation. A bullish crossover could signal a reversal if the price reclaims the moving averages. Volume trends and historical breakouts, such as the May 2025 high, support a possible upward move if resistance near 0.3400 is breached. Watch for RSI and MACD confirmations to validate momentum shifts, with overbought conditions above 70 and bullish MACD crossovers as key triggers. Volatility remains high, urging caution and confirmation from multiple indicators.
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