🚀 $WCT /USDT Trade Signal (31-May-2025)
🔹 Current Price: $0.6428
🔹 24h Change: -38.78%
🔹 Key Observations:
📉 EMA Bearish Crossover:
EMA(7) < EMA(25) < EMA(99) → Downtrend Confirmed.
🔻 MACD: Bearish, MACD(0.0026) < Signal.
🔻 RSI (6): 21.75 → Oversold.
🔻 Stochastic RSI: 32.93 → Near oversold zone.
🔻 Williams %R: -91.79 → Oversold.
🔻 Volume: Decreasing, but previous selling pressure heavy.
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📊 Trade Scenarios
🔹 Scenario 1: Reversal Bounce Play
Entry: $0.625 – $0.645 (current zone)
Targets:
🎯 Target 1: $0.685 (EMA7 resistance)
🎯 Target 2: $0.730 (EMA25 resistance)
Stop-Loss: $0.610
Risk/Reward: ~2:1
Probability: Moderate (wait for bounce confirmation with green candles & rising volume)
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🔹 Scenario 2: Bearish Continuation (Short Sell)
Entry: On breakdown of $0.625
Targets:
🎯 Target 1: $0.600
🎯 Target 2: $0.570
Stop-Loss: $0.655
Risk/Reward: ~2:1
Probability: High if breakdown confirmed with high volume
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📌 Risk Management
✅ Max Risk: 1-2% of capital
✅ Use tight stops due to high volatility
✅ Watch for volume confirmation and EMA rejections
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🔍 Conclusion
⚠️ WCT/USDT is in a heavy downtrend. However, the RSI, Stochastic, and Williams %R suggest oversold conditions, indicating a potential bounce if confirmed. Wait for bullish candles + volume confirmation for a reversal trade. If price fails to hold $0.625, consider short-sell for further downside.
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