⚡ $WCT /USDT Trade Signal – 1H Chart Breakdown

Current Price: $0.477

% Change (24H): -4.87%

24H High/Low: $0.5076 / $0.4580

🔍 Technical Analysis:

Trend:

Recent trend is bearish, with a clear downtrend from $0.5384 to $0.4580.

However, short-term relief bounce is forming after hitting support at $0.4580.

Parabolic SAR:

SAR dots have flipped below the price, indicating a short-term bullish reversal setup.

MACD:

Histogram turning green; MACD crossed signal line from below = early bullish signal.

RSI (6):

RSI is at 38.89 — recovering from oversold, suggests a potential bounce.

Volume Spike:

Recent strong green volume candle hints at buyer interest near the bottom.

🎯 Trade Setup

Direction: Long (Short-term bounce play)

Entry Zone: Current Price ($0.477)

Targets:

🎯 Target 1: $0.495 (minor resistance zone)

🎯 Target 2: $0.507 (recent 24H high)

🎯 Target 3: $0.538 (major resistance / breakdown point)

Stop-loss:

📉 Hold in spot & hold till near support at $0.458

🧠 Market Insight:

WCT is showing signs of short-term reversal after consistent sell pressure.

If volume sustains and price holds above $0.465, we could see a bullish bounce.

However, trend is still bearish overall, unless it breaks above $0.538 with strong volume.

✅ Pro Tip:

Watch volume closely — if volume fades while price moves up, it could be a fakeout.

Best for quick trades, not a swing yet unless trend confirms above $0.538.