💡 Quick technical analysis:
✅ Notable rebound! After dropping to the $0.5024 level, WCT has shown signs of a strong rebound, rising to $0.5292 – indicating buying interest in this area.
✅ Indicators support the upward movement!
RSI at 66.09: Close to the overbought zone, reflecting strong momentum but with the potential for more upward movement before a correction.
Positive MACD: With the fast line (DIF) crossing above the slow line (DEA), it enhances the likelihood of a continued upward trend.
MA(5) averages above MA(10): An additional technical signal leaning towards bullishness.
✅ High trading momentum! With strong trading volume (Vol), it enhances the credibility of the price movement.
$WCT
🚀 Expected scenario:
If the price can break above the $0.5400 level, we may see a surge towards $0.5614, and perhaps a retest of the recent high at $0.5992.
In the case of a correction, the $0.5024 area may serve as a key support.
$WCT
🔥 Is WCT ready to explode?! With rising momentum and positive technical indicators, WCT may be on the brink of a new bullish wave. Smart investors are watching this level closely – are you one of them? 🌊