💡 Quick Technical Analysis:

❌ Clear decline! The price dropped by -5.50% to 0.4053 after reaching a low of 0.3989 – clear selling pressure.

⚠️ Indicators are negative:

RSI at 20.58 indicates entry into the oversold territory – high chance of a technical rebound soon.

MACD is still negative, but the slowdown in bearish momentum may pave the way for a reversal.

📉 Diverging Moving Averages:

MA(5) is below MA(10), reflecting the continuation of the bearish trend, but the gap has started to narrow.

📊 Moderate trading volumes, indicating market anticipation – is an explosion coming?

$WCT

🚀 Expected Scenario:

If the price stabilizes above 0.3989 and rebounds, we may see a rise to 0.4140 as the first target. A break below 0.3989 could open the door for further decline.

$WCT

🔥 Is WCT on the verge of a technical rebound?

With the RSI reaching critical areas, the opportunity may be near. Are you watching this crucial level? 👀

📢 Share your predictions! Will $WCT start to recover soon? 💬👇

#wct