#Current Price: 0.404 USDT
Date: April 25, 2025
After recent price fluctuations downward, WCT has broken through the support area of 0.37 and successfully rebounded. As today’s price touches 0.404, there is a clear upward momentum in the short term, and the current price has broken through the lower band of the Bollinger Bands, successfully holding the support level. At this point, WCT's upward momentum is strong, and there is still room for continued upward movement in the short term.
One, Daily Level Analysis (Long-term Trend Direction)
Key Data:
Current Price Level: 0.404
Upper Resistance: 0.4279
Technical Indicators:
The lower band of the Bollinger Bands has narrowed, and the price breaking through the bandwidth indicates the market is entering a period of accelerated rise;
RSI Indicator: Close to 50, in the balance zone between bulls and bears, indicating potential for the current rise;
MACD: The indicator shows a buy signal, indicating visible upward space in the short term.
Conclusion: The daily level indicates that the market is in the early stage of rising, and the current price has broken through short-term downward pressure, suggesting to watch for the upcoming upward momentum.
Two, Four-Hour Level Analysis (Mid-term Trend Consideration)
Structural Analysis:
The price has stabilized at the bottom of 0.3735 and started to rise, forming good support;
The bandwidth of the Bollinger Bands is expanding, and the price has broken through the upper band, indicating that there is room for accelerated price rise in the short term;
Moving Average System: Multiple moving averages show a golden cross, indicating that bulls dominate in the short term.
Conclusion: The four-hour line supports long positions; if it breaks the recent resistance level of 0.4279, the price will continue to seek the next resistance area upwards.
Three, One-Hour Line Analysis (Short-term Entry Point)
Technical Structure:
The current price is close to 0.404, having broken through the middle line of the Bollinger Bands and surpassed the previous pressure level of 0.387;
MACD: A strong buy signal has appeared, indicating an enhanced short-term bullish trend;
RSI: Has entered the strong zone and is not overheated, indicating strong further upward momentum.
Operation Suggestions:
Opening Position: 0.402
First Target Level: 0.42
Second Target Level: 0.44
Stop Loss Level: 0.38
