💡 Quick technical analysis
✅ Narrow price range! After a peak at $0.4589 and a sharp drop to $0.4256, the price is currently moving near $0.4323 in a sideways area — a signal of anticipation before a potential price explosion!
✅ RSI at 36.59: The market is relatively oversold, meaning an upward bounce could be imminent if new buyers enter.
✅ MACD is very convergent (MACD: -0.0001): The lines are about to cross, which could give an important entry signal — follow-up is essential in the coming minutes! ⏳
✅ Moving averages (MA5 very close to MA10): Indicate a cautious balance between supply and demand, and a turn could happen at any moment.
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📊 Expected scenario:
🔼 Bullish explosion? If the price breaks the nearby resistance at $0.4386, we might see a rapid rise towards $0.445 - $0.450.
🔽 Additional drop? If the strong support level at $0.425 breaks, the price may return to test $0.420 or lower.
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🔥 Is WCT preparing for a big move?
Sideways movements hide huge decisions for traders — and with oversold indicators and convergence in MACD, this could be your opportunity to enter before the spark ignites!
📢 Do you see that $WCT is ready to bounce? Or are we facing a new break of support?
Share your opinion 👇👇