💡 Quick Technical Analysis:
✅ Notable Bounce! After dropping to $0.3677, WCT experienced a rapid rebound towards $0.3881 with strong green candles indicating a return of buying confidence in the market.
✅ Technical Indicators are Positive!
RSI (6) at 51.72: Still in the neutral zone, indicating plenty of room to rise before entering overbought territory.
MACD is close to a positive crossover: It shows balanced momentum, and any upward crossover could ignite a new buying wave!
✅ Good Trading Volumes: Trading volume increased to over 875 thousand during the hour, with short-term moving averages (MA5 and MA10) moving towards potential intersections.
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🚀 Expected Scenario:
📌 If the level of $0.3900 is breached firmly, the price may quickly head to test $0.4129 (the highest peak in 24 hours).
📉 If the price declines, the support area at $0.3677 may provide an excellent opportunity to re-enter.
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🔥 Is WCT ready to take off?!
With increasing trading volumes and the indicators holding steady, it seems the market is preparing for a big move. Smart traders are watching closely – will you be one to seize the upcoming wave? 🌊