📊 Technical Analysis – WCT/USDC (1D)

💸 Current Price: $0.4894

📉 24h Change: -9.30%

📊 Category: Infrastructure

✨ Market Overview

WCT is currently under heavy selling pressure, showing a steep correction after reaching its recent high at $1.3932. The price has now dropped below key EMAs, signaling short-term weakness but also presenting a potential accumulation zone for long-term traders.

📉 Technical Indicators

✅ EMA(7): $0.6237 – now acting as resistance

✅ EMA(25): $0.6336 – trend weakening

✅ RSI(6): 31.00 – nearing oversold territory

✅ Volume: spiked during selloff, watch for stabilization

📈 Trend Structure

The asset is retracing after a parabolic move. A base may be forming near the $0.48 region, where buyers could start showing interest again.

🎯 Short-Term Targets

• $0.55 – psychological recovery level

• $0.63 – EMA confluence and resistance

• $0.75 – previous support before the breakdown

📉 Key Support Levels

• $0.48 – current price and potential local bottom

• $0.35 – historical support zone

💸 Suggested Strategy (DCA – Dollar-Cost Averaging)

• ✅ 50% at current price ($0.48–$0.50)

• ✅ 30% if it dips to ~$0.35

• ✅ 20% only if it retests ~$0.30, for long-term positioning

⚠️ Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Always do your own research (DYOR).

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