$WCT
Here’s a quick technical snapshot of this $WCT setup:
Entry Zone: $0.3800–$0.3820 — aligns well with the bullish engulfing candle confirmation.
Stop Loss: $0.3716 — tight enough to limit downside, but gives the trade breathing room below support.
Take Profit: $0.3988 / $0.4009 — these targets aim just below likely resistance zones, smart for ensuring fills.
Risk-to-Reward: Approximately 1:2 or better, which is favorable, especially with confirmation from the 30-min chart pattern.
What to watch:
Volume uptick — essential to validate the reversal.
Reaction near $0.3900 — minor resistance zone that could pause the move.
Bitcoin/ETH trend — any broader market volatility could influence momentum plays like $WCT.