💡 Quick technical analysis:
✅ Bullish bounce! After touching the bottom at $0.4256, WCT returned to consolidate above the $0.4350 level, indicating increasing buying interest.
✅ RSI at 61.42 – still in the safe zone, leaving plenty of room for further upward movement before reaching overbought conditions.
✅ MACD is crossing positively! With the beginning of the fast and slow line crossover, the upward momentum is gradually forming.
✅ The moving averages MA(5) and MA(10) have started to converge with a potential crossover supporting the bullish scenario.
$WCT
🚀 Expected scenario:
If the nearby resistance at $0.4386 is breached, we may see WCT targeting the $0.4589 area again, and possibly exceeding it towards $0.4700 if the momentum continues!
In the event of a pullback, the support area at $0.4256 forms a solid defensive wall that can attract buyers again.
$WCT
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🔥 Is WCT ready for the next breakout?
With increasing trading volume and positive sideways movements, this could be the "calm before the storm" – prepare well! 🚀