🚨 Potential Trading Alert – WCT/USDT
📅 Monday, June 2, 2025 – 04:08 AM
📉 Current Price: $0.5651
🔻 Price Drop Percentage: -12.43%
📊 24-Hour High/Low: $0.6550 / $0.5451
📈 24-Hour Trading Volume: 135.08M USDT
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💬 Quick Technical Overview:
WCT coin is experiencing selling pressure after failing to surpass the $0.6550 level. The price is currently moving within a narrow range, and a technical rebound may occur from the current area if it maintains support at $0.5480.
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🎯 Potential Trade Setup:
Suggested Entry Point: $0.5620 – $0.5660
Price Targets:
✅ $0.5900
✅ $0.6150
✅ $0.6450
Suggested Stop Loss: $0.5400
📌 Entry Strategy: Gradual + Monitor Break/Consolidation
📉 Trade Type: Short-term Speculation (Scalp/Intraday)
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🔎 Technical Indicators:
RSI (6):
41.12 ↙️ in a Neutral Zone near Oversold
MACD: Slight Positive Crossover but Momentum Remains Weak
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📍 Support and Resistance Levels:
Immediate Support: $0.5480
Second Support: $0.5080
Current Resistance: $0.5900
Next Resistance: $0.6550
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✅ Final Assessment:
Overall Trend: Short-term Downtrend with Weak Momentum
Opportunity: Exists provided it stays above $0.5480 and liquidity recovers
Risk: Medium to High due to sharp drop magnitude
Recommendation: Do not enter before a strong reversal candle appears on the hourly or 4-hour timeframe
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WCTUSDT
Perpetual
$0.5365
-11.1%
