Technical Analysis of WCT/USDT: Is the Big Pump Really Coming?
Many people are talking about a big pump coming for WCT, but the chart tells a different story. Right now, WCT is trading at $0.4410. Over the last few days, the price has been falling. The 24-hour high was $0.4546, but it also dropped as low as $0.4057.
Looking at the moving averages:
The short-term MA(7) is at $0.4298 — below the current price.
The longer-term MA(25) is $0.4537 — still above the price, showing weakness.
The MA(99) is way higher at $0.6702 — showing a long downtrend.
The MACD is also flat, which means there's no strong momentum right now.
In simple words, the chart doesn’t show strong signs of a big upward move yet. While prices can change quickly in crypto, the current trend is still mostly down. Be careful and always do your own research before investing.
