💡 Quick Technical Analysis:
✅ A sharp drop of -9.38% brought WCT to 0.4886 after being at 0.5992, which may represent an enticing entry opportunity from the bottom!
✅ RSI indicator is only at 9.15! This indicates very strong selling pressure – and is often followed by a rapid rebound!
✅ MACD is in negative territory, but it shows a potential divergence, which could precede an upcoming price explosion!
$WCT
🚀 Expected scenario:
If the price holds above the 0.4868 area, there is a chance for a rebound towards 0.5050 then 0.5300.
In case of a breakdown, the next psychological support may be around 0.4700.
$WCT
🔥 Is WCT cooking up a bullish surprise?!
Current indicators show excessive selling pressure, but this is exactly what makes the reversal moment attractive for smart followers. Keep a close eye on the price – a rebound may be at hand! 📊
