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* Strong Upward Movement: WCT/USDT is currently trading at $0.5657, showing a significant positive change of +17.44% in the last 24 hours.
* Volume Spike: The recent price surge is accompanied by a noticeable increase in volume, indicated by the taller green volume bars. This suggests buying interest is supporting the move. The 24-hour volume is a substantial 43.94M.
* EMA Alignment: The price is trading above the 7-period EMA (yellow), 25-period EMA (red), and 99-period EMA (purple), which are all trending upwards and stacked in a bullish order. This confirms the short-term and potentially mid-term bullish momentum.
* Retracement and Rebound: We can see a recent pullback from a high of $0.6658, but the price has found support above the EMAs and is now bouncing back upwards.
* RSI: The Relative Strength Index (RSI) is currently at 62.74, indicating increasing bullish momentum but not yet in overbought territory. This suggests there might still be room for further gains.