๐ $WCT 15m Chart Analysis
๐ป Price: $0.3918
๐ 24h Change: -8.54%
๐ฏ๏ธ Trend: Strong bearish momentum
Price below MA(7), MA(25), and MA(99) ๐
Consistent lower highs and lower lows ๐ป
Latest candle failed to break above resistance at $0.3950
๐ Indicators:
Stoch RSI: 3.72 (Oversold territory) ๐ฐ
RSI(6): 15.67 (Heavily oversold) โ ๏ธ
MACD: Bearish crossover confirmed, histogram increasing in red ๐ด
Volume: Dropping slightly with red dominance ๐
๐ Support: $0.3905 (local low)
๐ Resistance: $0.4006 (MA25), $0.4108 (recent high)
๐ข Trade Signal:
๐ป SHORT opportunity
๐ฏ Entry: $0.3920 - $0.3940
๐ฏ Target 1: $0.3860
๐ฏ Target 2: $0.3800
๐ Stop-Loss: $0.4006 (above MA25)
โ ๏ธ Note: Indicators are oversold โ watch for potential bounce or bullish divergence soon. Tight SL recommended.
#CryptoTrading #WCTUSDT #ShortSignal #TechnicalAnalysis ๐จ๐
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