๐ Entry Zone:
๐น Around $0.5130โ$0.5160 (current consolidation zone after a strong move)
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๐ฏ Targets:
โ Target 1: $0.5220 (recent high resistance)
โ Target 2: $0.5400 (next psychological resistance area)
โ Target 3: $0.5700 (extension target if momentum sustains)
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๐ Stop-Loss:
๐ป Below $0.4950 (break below recent support zone and MA(10))
To entre $WCT
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๐ Technical Analysis:
๐ธ Momentum: WCT is up +2.45%, showing bullish structure with higher highs and higher lows.
๐ธ RSI (6): 83.35 โ deep in overbought territory, suggesting potential for minor pullback or consolidation before further move.
๐ธ MACD: Bullish crossover observed, with MACD slightly above the signal line โ early bullish continuation signal.
๐ธ Volume: Decent sustained volume (80K+), indicating healthy interest behind the move.
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๐ก Bullish Confirmation:
A clean break and hold above $0.5170 could open the way to $0.5220 and beyond.
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๐ข Risk Management:
โ๏ธ Lock partial profits at each target and trail stop-loss.
โ๏ธ Holding above $0.5050 keeps momentum intact.
โ๏ธ Falling below $0.4950 could invalidate the current bullish setup.
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๐ Trend is bullishโAre you positioned for the breakout?
