Is (WCT) preparing for a new upward wave or not?

🔹 Current price: $0.6332

🔹 Change over 24 hours:** +4.63%

🔹 Highest/Lowest price over 24 hours:** $0.7511 / $0.6051

🔹 Daily trading volume:** $398.7 million

🔹 Market capitalization:** $117.8 million

🔹 Market rank: 326

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📊 Quick technical analysis:

General trend: Bullish with the beginning of a correction

Closest support: $0.60

Next resistance: $0.75

Relative Strength Index (RSI): 66 – indicates strong buying momentum

MACD: Bullish crossover, supporting the upward scenario

Moving averages: All indicate "Strong Buy"

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🔮 Predictions:

If WCT can maintain support at $0.60 and regain momentum to surpass resistance at $0.75, we may see a rise towards $0.80 or more. However, if the breakout fails, the coin may return to test lower support levels at $0.55.

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⚠️ Disclaimer:

This analysis is not considered investment advice. Please conduct your own research before making any investment decisions.

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