a short technical analysis and trade signal for $WCT šÆš„
/USDT based on the provided data:
Technical Analysis (Short-Term)
Trend: Bullish momentum (Price up +14.88%)
Support Zone: $0.4900 ā $0.4938
Resistance Zone: $0.6658 ā $0.6799
Volume: High volume (74.19M WCT) confirms strong buying interest.
RSI (Estimated): Likely approaching overbought, suggesting caution but still trending strong.
Trade Signal
Action: BUY on pullback
Entry Zone: $0.5400 ā $0.5640
Stop-Loss: $0.4880
Targets (Short-Term Swing Trade)
šÆ Target 1: $0.6170
šÆ Target 2: $0.6650
šÆ Target 3: $0.7100 (extension if momentum holds)
Trade Momentum
Current Momentum: Strong bullish momentum with increasing volume and higher lows.
Risk Level: Moderate (watch for pullbacks to support)
Ideal Strategy: Scale in near support, partial profit at each target, trail stop after Target 2.
#TrumpTariffs #BinanceAlphaPoints #BinanceAlphaAlert #LaunchpadWars