💡 Quick technical analysis:
✅ Sharp decline followed by stabilization! WCT reached its lowest point in 24 hours at $0.4272, then began to form a stabilization candle around $0.4310, which may indicate the approach of a local bottom and a rebound opportunity.
✅ RSI is very low! The Relative Strength Index is at 25.51 – this means that WCT is in a clear oversold area 🔥, increasing the likelihood of a rebound soon.
✅ MACD is approaching a bullish crossover! The gap between the DIF and DEA lines is very small, and if a positive crossover occurs, we may witness the start of a new upward wave.
✅ Notable trading volume! We notice activity in trading volumes during the decline, which may indicate the entry of new liquidity from traders looking for the bottom.
$WCT
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🚀 Expected scenario:
If the price can hold above $0.4310, the first upward target will be $0.45, then the important resistance at $0.4953 (highest price in 24 hours).
If support breaks at $0.4272, we may see a test of lower areas, but this could create tempting buying opportunities for adventurous investors.
$WCT
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🔥 Is WCT about to take off?!
With the price entering 'real discounts' and encouraging indicators, this may be the right moment to watch and pounce at the next positive signal! 📊
