a short technical analysis and trade signal for $WCT šŸ’ÆšŸ”„

/USDT based on the provided data:

Technical Analysis (Short-Term)

Trend: Bullish momentum (Price up +14.88%)

Support Zone: $0.4900 – $0.4938

Resistance Zone: $0.6658 – $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 – $0.5640

Stop-Loss: $0.4880

Targets (Short-Term Swing Trade)

šŸŽÆ Target 1: $0.6170

šŸŽÆ Target 2: $0.6650

šŸŽÆ 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.

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