$WCT
đ Bullish Momentum Building!
WCT/USDT is showing strong upward momentum with a clear higher high and higher low pattern forming on the daily chart đ . This indicates buyers are in control and the trend is bullish! đŞ
đ Key Levels to Watch:
Support: $0.85 đĄď¸ (recent bounce zone)
Resistance: $1.10 đ§ (previous high, breakout target)
âĄď¸Â Volume: Notice the rising volume on green candles đ, confirming strong buying interest. This is a great sign that the rally has strength behind it! đĽ
đ Moving Averages:
The 20-day MA just crossed above the 50-day MA đ˘ (Golden Cross), a classic bullish signal!
Price is trading above both MAs, showing sustained upward pressure.
đŽÂ Indicators:
RSI is currently at 65, indicating bullish momentum but not yet overbought âď¸. Plenty of room to run!
MACD histogram is positive and expanding, supporting the bullish trend momentum.
đĄ WCT looks primed for a breakout above $1.10. If it holds above $0.85 support, expect a continuation of the uptrend đ. Keep an eye on volume and RSI for signs of strength or exhaustion.