$WCT SHOWING STRONG BULLISH SIGNAL 💯🔥
The chart shows a clear bullish structure with consistent higher highs and higher lows. The breakout above 0.7620 was supported by strong volume, and the current retracement appears to be retesting the breakout zone around 0.8300. As long as price holds above that level, it suggests continuation of the uptrend and presents a high-probability long entry.
🟢 LONG SETUP
Entry: 0.8350
Take Profit (TP): 0.9500
Stop Loss (SL): 0.8000
Why Also Consider Short Trade Setup ?
Reasoning: Price faced strong rejection at the 0.9520 level, forming a long upper wick — a classic sign of buyer exhaustion. A sharp bearish candle followed, signaling a shift in momentum from bullish to bearish. The asset has already rallied over 40% in a short span without meaningful pullbacks, making it highly probable for a correction or profit-taking phase.
🔴 SHORT SETUP
Entry: 0.8900
Take Profit (TP): 0.8300
Stop Loss (SL): 0.9530
Keep watching closely from here $WCT