$WCT
Current Status
Price: $0.3829
24h Range: $0.3568 - $0.3853
RSI (6): ~79.88 (Overbought)
MACD: Bullish crossover recently, with histogram widening
Volume: Surge in recent candles, suggesting strong buying pressure
Recent Low: $0.3670
Resistance: ~$0.3850
Support: ~$0.3670 - $0.3700
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Suggested Trade Setup
Type: Short-Term Pullback Buy (Scalp/Swing)
Entry Point: $0.3730 - $0.3750
Reason: Potential pullback from overbought RSI and local resistance at $0.3850.
Stop Loss: $0.3660
Below recent low and psychological support. If price breaks below, it may enter bearish momentum.
Take Profit:
Target 1: $0.3820 (Previous breakout point, conservative)
Target 2: $0.3880 (If bullish momentum resumes, possible next resistance)