The WCT currency continues to record new highs, having risen by +17.94% to reach 1.0902 USDT, after touching a daily high of 1.1161.
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🔍 Technical indicators:
🔹 RSI = 85.58 → In a clearly overbought zone, indicating strong upward momentum, but warns of a potential upcoming correction.
🔹 MACD is clearly positive (DIF: 0.1038 / MACD: 0.0190) → A strong bullish crossover confirms the continuation of the upward trend.
🔹 Trading volume (Volume) is very high (5.36M) with strong inflowing liquidity, enhancing confidence in this rise.
🔹 Stochastic indicator K = 84.71 / D = 81.70 → Still in an upward state, but close to overbought, hinting at a potential short-term correction.
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📈 Recommendation:
🔹 Potential buying area: Any pullback to the 1.0300–1.0800 area is considered an excellent opportunity to enter.
🔹 Target 1 (TP1): 1.20
🔹 Target 2 (TP2): 1.30
🔹 Stop Loss (SL): 0.97
✅ Buy the currency faster by clicking on the currency name $WCT
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🔔 Note: Despite the apparent overbought condition, the technical momentum and high interest in the currency support continued rises, but it is preferable to wait for a slight correction to obtain safer entries.
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💬 Summary: Currency $WCT is in a strong upward trend, showing very positive technical signals. Breaking through the 1.10 levels indicates the market's intentions to target higher levels. Monitor the movement closely and take advantage of corrections for smart entries!
