WCT Current Trading Plans

Based on the 15-minute $WCT chart, several bullish signals suggest a short-term buying opportunity:

Bullish Momentum on Stochastic (K/D/J): The %K (69.86) is crossing above %D (58.73) with J (92.12) leading – a strong momentum reversal indicator.

Price Recovery from Support: The price rebounded from 0.3391 (local low) with increasing green volume, showing buyer interest.

Moving Average Convergence: The MA(7) at 0.3416 is about to cross MA(25) at 0.3424 — an early bullish crossover signal.

Above RSI Midline: RSI(6) is at 53.02, trending above 50, indicating a possible bullish continuation.

Suggested Trade Plan:

Entry: Buy at or near 0.3410 – 0.3420 (current consolidation zone).

Take Profit: 0.3490 – 0.3530, where the 99 MA and previous resistance lie.

Stop Loss: 0.3370, just below the last support wick.

This setup offers a favorable risk-to-reward ratio with short-term breakout potential.