WCT: Profit-taking pressure gradually increases after a hot streak

$WCT

Current price: 0.6310 USD

24h volatility: +7.42%

24h trading volume: ~113 million USD

Trend overview: After a strong increase at the beginning of the week, WCT is stabilizing around the 0.63 area with short-term profit-taking signals appearing.

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🎯 Short-term trading strategy

• Long order:

Entry: 0.60–0.62 | TP: 0.70 | SL: 0.575

Probability: ~65%

Reason: The price is accumulating above strong support and may recover if the market maintains the overall momentum.

• Short order:

Entry: 0.74–0.75 | TP: 0.68 | SL: 0.77

Probability: ~55%

Reason: Strong resistance not broken yet, an area that could easily see technical sell-off pressure.

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