Recent Analysis of $WCT 🔥🔥🔥
Current Price: $0.8372
24H Range: $0.6372 - $0.8412
Gain: +26.71%
Trend: Strong bullish momentum, breakout above consolidation near $0.79–$0.80.
Volume: High volume confirms the move.
Candle Structure: Strong bullish candles with minor wicks—suggesting momentum buyers.
Overextended?: Possibly. It's near the 24H high; some correction or consolidation might occur soon.
Long Position (Momentum Play)
Entry (2 options):
Breakout Entry: Above $0.8415 (after clear breakout & retest)
Pullback Entry: Around $0.8000–$0.8150 (previous resistance zone)
Targets:
1. TP1: $0.8700
2. TP2: $0.8950
3. TP3: $0.9200 (if volume remains strong)
Stop-Loss: Below $0.7900 (or tighter SL at $0.8050 if high risk/reward setup needed)
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Short Position (Counter-Trend/Scalp)
Entry:
Around $0.8400–$0.8450 if price shows rejection or bearish divergence
Targets:
1. TP1: $0.8150
2. TP2: $0.7900
3. TP3: $0.7650 (if heavy sell-off)
Stop-Loss: Above $0.8500
Bias:
Intraday Bias: Bullish
Short-Term Correction Possible: Only short if signs of exhaustion appear (bearish candle patterns or volume fade)
Trade here 👉 $WCT
