$WCT STUCK IN A RANGE – WILL THE NEXT CANDLE BREAK THE TIE?
$WCT is currently trading at $0.4913, bouncing back slightly after testing the lower support near $0.4876. Volume is holding at 93.73K, suggesting cautious participation. The price is now wedged between key horizontal levels, setting up for a breakout or breakdown soon.
Key Technical Zones:
• Resistance: $0.4935 – Bulls need to clear this for any further upside.
• Support: $0.4870 – If this level fails, a deeper pullback could follow.
Trade Setup – Tight Range, Big Potential!
Bullish Breakout Setup:
• Entry Zone: Above $0.4935
• TP1: $0.5000
• TP2: $0.5100
Bearish Breakdown Setup:
• Entry Zone: Below $0.4870
• TP1: $0.4800
• TP2: $0.4725
Stop-Loss:
• For Longs: Below $0.4865
• For Shorts: Above $0.4945
With $WCT trapped in this tight zone, the breakout could be swift. Watch for strong candle closes beyond the range to catch the next momentum wave.
