#WCT Break out 🔥🔥🔥🔥
Technical Bullish Outlook – May 2025💥💥
WCT is currently trading at $0.3650, showing strong bullish momentum and holding firm above recent resistance levels. The price structure and indicators suggest continued upside potential in the near term.
Technical Highlights:⚡
Breakout Confirmation: WCT has broken above the key horizontal resistance at $0.3480, turning it into new support. Sustained price action above this level strengthens the bullish outlook.
Trend Strength: Price remains well above the 50 EMA and 200 EMA on the 4H and daily charts, indicating solid uptrend structure.
MACD Bullish Crossover: MACD remains in bullish territory with widening histogram, supporting upward continuation.
RSI Holding Strong: RSI is hovering around 68, showing bullish strength while not yet entering the extreme overbought zone—leaving room for further gains.
Volume Spike: Volume has steadily increased on the recent move up, confirming strong buyer interest.
Price Targets:☄️
Short-term: $0.3850✨
Mid-term: $0.4120🔥
Long-term Bullish Target: $0.4550+
Support Levels to Watch:
Immediate: $0.3480
Strong Support: $0.3250
WCT is shaping up as a bullish candidate with high breakout potential as long as it holds above $0.3480. Momentum favors the bulls, and any consolidation above this zone could trigger the next leg up.