#WCTđĽđĽđĽđĽ
$WCT
Hereâs a detailed technical analysis of WCT/USDT based on the indicators (support/resistance, 100-day moving average, RSI, and Stochastic RSI):
1. Key Levels
Support Zone: Around 0.600 - 0.615 USDT (blue ascending trendline).
Resistance Zone: Around 0.664 USDT (horizontal line from recent highs).
2. Indicators Analysis
100-Day Moving Average (Orange Line)
Currently acting as dynamic support.
Price is above the 100MA â generally a bullish sign.
Trend direction: Upward sloping, confirming ongoing uptrend.
RSI (14)
Currently at 54.75, showing neutral to slightly bullish momentum.
Not in overbought (>70) or oversold (<30) territory â price can move either way.
RSI crossing above 50 is bullish confirmation.
Stochastic RSI (14,3,3)
Both lines are rising, with a bullish crossover near the oversold zone.
This suggests momentum is shifting to the upside â a potential entry confirmation.
3. Suggested Trade Strategy
Bullish Scenario
Entry Point (Buy Zone):
On pullback near 0.620 - 0.630 USDT (close to support and 100MA).
Or breakout confirmation above 0.664 USDT (resistance) with strong volume.
Stop-Loss:
Below 0.600 USDT, as breaking support invalidates bullish structure.
Take Profit Targets:
TP1: 0.680 (previous local highs)
TP2: 0.720 (next resistance zone)
TP3: 0.780+ (if breakout continues)
Bearish Scenario
Entry Point (Sell/Short):
Rejection from 0.664 USDT resistance with bearish candle pattern + RSI/StochRSI divergence.
Stop-Loss:
Above 0.670 USDT (resistance break invalidates short).
Take Profit:
TP1: 0.630 (near support)
TP2: 0.600 (bottom trendline)
TP3: 0.580 (if breakdown confirmed)
4. Summary for Followers
Trend: Bullish above 100MA.
Watch levels: Buy on dips above 100MA or breakout above 0.664.
Indicators: RSI & Stoch RSI support short-term upside.
Risk management: Use stop-loss wisely around support break.
