$WCT
WCT/USDT 1H Chart Analysis
š¹ Current Price: $0.3776
š¹ 24h High: $0.4000 (approx)
š¹ 24h Low: $0.3500
š¹ Volume: 2.15M
š Market Structure:
WCT has been in a downtrend, consistently forming lower highs and lower lows. After a brief relief rally around June 10ā11, the price resumed its downward momentum and is now hovering near the $0.3776 support zone.
š§ Next Move Outlook:
WCT is currently testing a critical support level. If this level holds, we may see a short-term bounce toward the $0.3900ā$0.4000 range. However, a break below $0.3750 could open the door to further downside toward $0.3500.
š Key Levels to Watch:
Support: $0.3750 / $0.3500
Resistance: $0.3900 / $0.4000
šÆ Potential Strategy:
Pullback Entry: If price bounces off support at $0.3750, consider entry near $0.3800 with tight stop-loss.
Breakout Entry: Watch for strong candle close above $0.3900 for momentum confirmation.
š Trend: Bearish (short-term)
ā ļø Risk Management is key in a volatile range like this.
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