#WCTTrade Today's Pro Futures Trading Plan Of $WCTUSDT Based On 4H Chart
• Trade Direction:
• Long Bias – The recent rejection from $0.3508 and strong bullish engulfing candle near support indicate a possible reversal. The price is reclaiming the MA(5) and eyeing the MA(25), suggesting a pullback within a broader downtrend but with near-term upside potential.
• Entry Zone:
• $0.3720 – $0.3760 (confluence with MA(5) and prior minor resistance zone; watch for sustained 4H close above $0.3750 for confirmation).
• Stop-Loss:
• Below $0.3500 (clean invalidation under recent swing low; break below here suggests trend continuation lower).
• Risk/Reward Ratio:
• Approx. 1:2.5 – Tight risk with potential for measured move toward key resistance. Moderate volatility observed, manage size accordingly.
• Profit Targets:
• Target 1: $0.3850 (24h high and MA(25) resistance).
• Target 2: $0.4010 (prior breakdown level near MA(99)).
• Target 3: $0.4195 (extended move toward upper resistance band).
• Strategy Explanation:
• This is a tactical counter-trend long, capitalizing on a rebound from oversold territory. The setup is supported by a reclaim of short-term MAs and rising volume on the bounce. Ideally, bulls confirm with a higher low.
• Volume Profile / Order Flow Notes:
• Strong volume spike at the $0.3508 low suggests absorption of selling pressure. Sustained buy volume needed above $0.3750 to confirm further upside.
• Leverage Note:
• Low to moderate leverage recommended (3x–5x), due to choppy price action and moderate volatility.
• Market Sentiment Overview:
• Short-term bullish recovery within a broader bearish trend. Watch for macro resistance at $0.3850–$0.4010 to gauge strength of reversal.
• Invalidation Level / Caution Note:
• Break below $0.3500 invalidates the long bias and signals risk of further downside acceleration.