WCT/USDT – 4H Chart Analysis
Current Price: $0.7246
24h High/Low: $0.7322 / $0.6369
Volume: Rising with bullish momentum
RSI(14): 70.34 – near overbought territory
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Technical Overview
Strong bullish breakout past resistance at $0.6872 and $0.7126.
RSI is approaching overbought levels — a potential cooldown may occur soon.
Volume spike confirms the move — but price is near resistance at $0.7322 (local top).
MA(5) is clearly above MA(10) — strong short-term trend.
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Trading Signal
Type: Breakout Retest Buy or Momentum Scalping
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Scenario 1: Retest Entry (Safer)
Entry Zone: $0.705 – $0.712
SL: $0.686
TP1: $0.735
TP2: $0.758
TP3: $0.78 (if strong continuation)
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Scenario 2: Aggressive Momentum Entry (Riskier)
Entry: Current price $0.724 – $0.726
SL: $0.699
TP1: $0.735
TP2: $0.758
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Key Levels
Support: $0.687, $0.661, $0.637
Resistance: $0.732, $0.758, $0.78+
