💡 Quick Technical Analysis:
✅ Critical Support Zone! The price dropped to $0.4459 – the lowest level in 24 hours – but it shows signs of consolidation that may open the door for a sudden rebound.
✅ Low RSI = Golden Opportunity! The Relative Strength Index (RSI) is only at 25.51! This indicates that the currency is in an oversold area, enhancing the likelihood of a near-term upward reversal.
✅ MACD whispers of a reversal! Although momentum is still negative, the MACD indicator has started to approach a potential positive crossover, which could ignite the beginning of an upward wave.
📊 Liquidity is gathering! Trading volume is stable and cohesive, indicating that investors are anticipating a strong move ahead.
$WCT
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🚀 Expected Scenario:
🔹 If WCT rebounds from the current support and stays above $0.4500, the first resistance at $0.4650 may be tested quickly, with the potential to reach $0.48 - $0.49 if momentum increases.
🔹 If a downward break occurs below $0.4450, we may see a test of lower levels – but with the current RSI, this possibility seems weak in the short term.
$WCT
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🔥 Is WCT about to take off?! With the current oversold condition and momentum indicators showing signs of recovery, the opportunity may be very close – will you be one of the first to seize it?! 🚀