WCT is currently trading at $0.3593 with a notable increase of +5.27%, with a strong green candle breaking the sideways range that lasted for a while.
Is this just a temporary bounce? Or are we on the brink of a new surge? Let's dive into the analysis together 👇
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⚖️ Is buying now a smart decision?
✅ Opportunity if:
You want to ride the momentum wave after breaking 0.3337.
I set a stop loss below $0.3330 (today's low).
Aiming for initial profits between $0.3760 and $0.4100.
$WCT
❌ Risk if:
You expect the rise to continue without confirmation of higher trading volume.
Entered late after a strong initial surge without following the next candles.
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🔎 Quick technical indicators:
RSI at 64: close to overbought, but has not reached the critical zone yet.
MACD shows a bullish crossover, but with caution (still forming).
Trading volume has increased unusually, which may indicate previous accumulation that has recently exploded.
$WCT
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📢 The final word:
$WCT shows initial signs of a potential price explosion after a long period of stagnation… but caution is necessary!
Observation is crucial now, as the upcoming candles will determine if this is just a "false spike" or the beginning of a real uptrend. 🚀
What do you think? Are we heading for a wave of rise? Or is a correction coming? Share your analysis in the comments 👇
