📉 Technical Analysis for WCT/USDT 📈
(as of today)
🔹 Current Price: 0.9149 USDT (+41.06%)
The pair has seen a strong increase driven by noticeable buying activity, but the technical indicators show mixed signals that warrant caution.
📊 Key Technical Indicators:
RSI (6): 63.26 → Near overbought
StochRSI: 37.31 | MA: 43.81 → Downward bias
MACD: -0.0022 → Convergence of DIF/DEA lines = Weak trend
🟥 Resistance Levels:
0.9175 (Immediate Resistance)
0.9400 (Second Resistance)
🟩 Support Levels:
0.9000 (Immediate Support)
0.8700 (Strong Support)
⚔️ Trading Strategy:
1. Bullish Scenario:
✅ Entry: Close above 0.9175
🎯 Targets:
0.9400
0.9700
🛑 Stop Loss: 0.8980
2. Bearish Scenario:
✅ Entry: Clear break and close below 0.9000
🎯 Targets:
0.8700
0.8500
🛑 Stop Loss: 0.9170
