$WCT
📊 Technical Analysis for WCT/USDT Pair – Strong Price Explosion 🚀
The WCT/USDT pair has seen a sharp increase of +28% reaching 1.2074 USDT, breaking through previous resistances and showing clear buying momentum.
🔹 Technical Indicators:
EMA(7) = 0.8731 | EMA(25) = 0.6486 → Positive crossover confirming an upward trend.
RSI = 91.97 → In the overbought zone, indicating a potential correction is near.
Stochastic K = 78.64 | D = 68.74 | J = 98.43 → Strong momentum continues but nearing exhaustion zone.
📌 Key Levels:
Strong Support: 1.02 and 0.90 USDT (buying zones during correction)
Current Resistance: 1.25 – if breached, the next target at 1.30 then 1.45 USDT.
📈 Recommendation:
✅ Buy on correction towards 1.05 – 1.02 USDT
❌ Avoid buying now due to high overbought conditions (RSI > 90)
💡 Partial sell at 1.25 – 1.30 to secure profits in case the rise continues
🚨 Note: The current trend is strong but caution is necessary, especially with signals of an impending correction.
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