📊 $WCT/USDT Technical Analysis (Daily Chart)

Current Price: $1.1822

24h High / Low: $1.3512 / $0.9766

24h Volume: 146.34M WCT / 161.43M USDT

---

📈 Trend Overview:

WCT has been in a strong bullish trend, but today’s -9.36% drop signals a potential cool-off or consolidation phase. Here's how the chart looks from a support/resistance perspective:

---

🔼 Key Resistance Zones:

$1.35 – $1.39 → Local top zone

• Heavy rejection at $1.3941

• Strong seller presence

$1.22 – $1.25 → Short-term resistance

• Recent consolidation range

• A clean break + daily close above = bullish continuation

---

🔽 Key Support Zones:

$1.00 – $0.98 → Immediate support

• Psychological level

• Recent red candle low – watch for bounce signals

$0.94 → 7-Day Moving Average

• Dynamic support during the uptrend

• Breakdown = possible deeper retracement

$0.64 → 25-Day MA / Major Trend Support

• Strong demand zone from earlier in the cycle

• Only tested in severe pullbacks

---

📉 Indicators Watch:

MACD:

• Still bullish, but histogram flattening

• Caution: Bearish crossover may be forming

Volume:

• Surge during the rally to $1.39

• Could indicate buying climax or temporary exhaustion

---

📌 Summary:

WCT remains structurally bullish, but short-term correction is in play.

Bullish bias: Watch for confirmation at $1.00 or $0.94

Bearish bias: Breakdown below $0.94 could open room toward $0.64