💡 Quick Technical Analysis:
✅ Noticeable decline! After rising to 0.5652, the price has dropped back towards 0.5190, indicating strong selling pressure but approaching a potential support area.
✅ RSI indicator at 37.80, which means WCT is close to the oversold area – and this could pave the way for a coming rebound!
✅ MACD is still in the negative area, but the convergence between the lines indicates a potential bullish crossover soon.
$WCT
🚀 Expected Scenario:
If the price holds above 0.5150, we may see a quick rebound towards 0.5350 and then 0.5500. However, if it breaks, the level of 0.5020 forms the next main support.
$WCT
🔥 Is WCT about to reverse trend?!
A 5% drop could be the opportunity traders are waiting for to enter at a lower price before the next breakout! Don't overlook this coin at this critical time. ⏳