🔄 $WCT /USDT — Early Signs of a Reversal
🔍 Chart Overview:
WCT has been in a steady downtrend since mid-June, consistently trading below the 99 MA.
The price has now broken above the 25 MA and is testing the 99 MA (~$0.344).
Short-term momentum is shifting bullish, supported by rising volume and a clean bounce from the $0.32 range.
🧱 Support Zone:
$0.330 – $0.336: A strong intraday demand zone. If held, it could provide the base for further upside.
🎯 Upside Targets (If Breakout Confirmed):
Target 1: $0.360 — Immediate resistance zone from June 19th breakdown.
Target 2: $0.386 – $0.390 — Previous short-term lower high and key confluence zone.
Target 3: $0.420 — Psychological resistance and previous structural peak before selloff.
🛑 Rejection Risk:
If price fails to hold above $0.343–$0.345 (99 MA), bears could reclaim momentum.
Watch for a 1H close above $0.346 with strong volume for confirmation of trend shift.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!
