📈 $WCT /USDT: BULLISH BREAKOUT IMMINENT? 🚀
ANALYSIS :
Looking at the WCT/USDT 15-minute chart, we've observed a significant upward movement, with the price currently at $0.3502, reflecting a +2.25% gain in the last 24 hours. The chart shows a strong recovery from the 24-hour low of $0.3351, pushing towards the 24-hour high of $0.3569.
The candles suggest strong buying pressure, with green candles dominating the recent price action. While there's been some resistance around the $0.3569 level, the overall trend on this short timeframe appears bullish.
POTENTIAL SIGNAL:
Given the current momentum and the bounce from the lows, WCT/USDT shows potential for further upside.
* Entry Zone: Consider entries around the current price of $0.3502, or on a slight retrace if it occurs.
* Target 1: $0.3569 (24h High - retesting resistance)
* Target 2: $0.3650 - $0.3700 (Potential breakout target beyond previous high)
* Stop-Loss: Place a stop-loss below recent support, for instance, around $0.3450 or $0.3400, to manage risk.
Important Considerations:
* This analysis is based on a 15-minute chart, indicating a short-term trade.
* Always perform your own due diligence and risk management.
* Market conditions can change rapidly.
Disclaimer: This is not financial advice. Trade responsibly.
Buy And Trade $WCT Now.
WCTUSDT
Perp
0.3509
+4.55%
