$WCT Price Analysis and Trade Setup
*Overview*
$WCT has demonstrated a strong bounce back from the $0.3655 support level, forming a bullish reversal structure with consecutive green candles and solid trading volume. The Stochastic Relative Strength Index (Stoch RSI) is nearing 100, indicating robust short-term momentum.
*Key Levels:*
1. *Entry Zone*: $0.3850 - $0.3950
2. *Take Profit Targets*:
- Take Profit 1: $0.4100
- Take Profit 2: $0.4280
- Take Profit 3: $0.4480
3. *Stop Loss*: $0.3780
*Analysis*
The current price action suggests buyers are stepping in decisively. A 4-hour candle close above $0.4150 could potentially trigger a rapid upside continuation, opening the gates to higher resistance zones.
*Trading Strategy*
To capitalize on this potential upside:
1. Enter the trade within the specified entry zone ($0.3350 - $0.3950).
2. Set stop-loss at $0.3780 to limit potential losses.
3. Target profits at the specified levels ($0.4100, $0.4280 and $0.4480).
By following this strategy, traders can potentially benefit from $WCT's strong momentum and upward trajectory.
For trade click #WCT ...
