$WCT /USDT – Technical Analysis & Trade Setup 🔥
4H Chart Review | Binance
💥 Current Price: $1.25 (+9.43%)
📊 24H High: $1.29 | Low: $0.98
📈 Recent High: $1.3928
🔍 Technical Breakdown:
✅ Strong Uptrend – Clear breakout from consolidation with a parabolic rally
✅ MA Support – Price bouncing from 25 MA ($1.01), holding above 7 MA ($1.12)
✅ Volume Surge – Bullish volume spike confirms buying pressure
✅ Healthy Pullback – After hitting $1.39, it corrected to 25 MA and bounced – bullish signal
✅ MACD & RSI – Likely cooling off from overbought zone; potential for next leg up
🚀 Trade Setup:
🔹 Entry Zone: $1.18–$1.25 (on dips or break/retest)
🔹 Target 1: $1.39
🔹 Target 2: $1.45+ (new highs possible if volume sustains)
🔹 Stop Loss: Below $0.98 (key support & 25 MA zone)
📌 Bias: Bullish
👉 Watching for bullish continuation after consolidation breakout. Ideal for trend-followers.