WCT continues to show strong bullish momentum, driven by increasing trading volumes and a confirmed breakout above the $0.73 resistance level. The price has now stabilized above the $0.90 zone, suggesting potential continuation toward psychological resistance at $1.00.
$WCT
Market Snapshot:
Current Price: $0.9182
24h High: $0.9767
24h Volume: 1.08 billion WCT
Daily Gain: +21.05%
Key Technical Levels and Indicators:
MA(7) on 1D: $0.7201 — near-term trend support
MA(25) on 1H: $0.8994 — holding as a short-term support
MA(99) on 1H: $0.7252 — long-term structural support
Support Zones:
$0.84 — immediate technical support
$0.78 — breakout level turned demand zone
Resistance Zones:
$0.975 — intraday high
$1.00 — major psychological resistance
Volume indicators support the trend, while RSI remains elevated but not yet overbought. MACD continues to show bullish momentum on both 4H and 1D timeframes.
Outlook:
The breakout above $0.90 is structurally significant. As long as WCT remains above $0.84, the bullish trend remains intact. A sustained push beyond $0.975 could open the way toward testing the $1.00 level in the short term.
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