$WCT /USDT Buy Trading Signal - Targeting $0.5500
The price of WCT shows a strong bounce from its low of $0.4747, having regained the level of $0.5213, gaining momentum after a sharp decline. Buyers are stepping in with increasing trading volumes, pushing the price into a new breakout area.
Trading Settings:
Entry Area: $0.5120 - $0.5220
Target 1 (TP1): $0.5350
Target 2 (TP2): $0.5500
Stop Loss: Below $0.4940
Why Buy?
The price is forming higher lows and attempting to break through the short-term resistance level. Momentum is increasing with two consecutive green candles and rising trading volume, indicating bullish control.
Risk Management Tip:
Always determine your position size based on total capital. Do not risk more than 1-2% of your portfolio on this setup. Adjust the stop loss order once TP1 is reached to secure profits and reduce downside risk.
If the price maintains a level above $0.5100, it is very likely to continue towards $0.5500. Monitor closely and move the stop loss order to lock in profits.
Buy and trade here at $WCT