$WCT WCTUSDT – Oversold Reversal Potential (1D Chart)

• Price retraced sharply from $1.39 to $0.59, nearly -60% from top, entering a major discount zone ideal for strategic long re-entry.

• RSI(6) at 37 shows near-oversold conditions on the daily timeframe, aligning with previous reversal zones.

• MACD histogram shows weakening bearish momentum, hinting at a possible bullish crossover if supported by volume recovery.

• Price currently sits just below EMA34 ($0.6154) and EMA21 ($0.6882). Reclaiming these levels could trigger a strong rebound toward psychological $0.80–$1.00 range.

• OBV remains elevated, signaling continued interest from smart money despite correction — no panic volume outflow.

• Support zone: $0.50–$0.59 (consolidation base).

• First target: $0.7150 (EMA reclaim).

• Second target: $0.88–$0.97

• Final target: $1.20+ on bullish continuation.

High R:R zone for disciplined long setup with tight invalidation below $0.50.