The WCT currency has seen a strong rise over the past hours by +23.17%, reaching $1.1532 after recording a daily high of $1.2672, before starting a slight downward correction.
🔍 Technical indicators:
🔹 RSI (6) = 47.93 → the indicator has exited the overbought area and indicates a balanced state, allowing for a potential new upward wave after the correction.
🔹 MACD = -0.0023 → shows a slight negative crossover, confirming the beginning of a temporary correction and not a full trend reversal.
🔹 Trading volumes are clearly high, reflecting strong interest in the currency and continued liquidity flow.
🔹 Stochastic indicator (K=52.63 / D=66.66) → indicates that the price is in a middle area with a potential for a near upward rebound.
✅ Don't miss the opportunity and monitor price movements closely, $WCT in case of high activity!
📈 Recommendation:
🔹 Optimal buying area: between $1.10 – $1.13, which is a strong support area after the recent correction.
🔹 First target (TP1): $1.25
🔹 Second target (TP2): $1.30
🔹 Stop loss (SL): $1.04
✅ Don't miss the opportunity and monitor price movements closely, $WCT in case of high activity!
🔔 Note:
Despite the current decline, the overall trend remains bullish in the short and medium term, especially with strong support at the $1.10 area. The current correction may present an entry opportunity before a new upward wave.
💬 Summary:
$WCT Still under the traders' strong watch, and with the price remaining above $1.10, the chances of a resumption of the rise remain high. Watch for a break of the $1.20 level for further confirmation.
