💡 Quick technical analysis:
✅ An interesting rebound! After a quick drop to the strong support area at $0.2993, the price saw a bullish rebound to reach $0.3037, indicating buyer intervention at the bottom.
✅ The RSI is at 36.40 – still in the oversold territory, indicating a strong potential for an upcoming bullish rebound.
✅ The MACD is in a slight negative pressure phase, but it's approaching a potential bullish crossover… Any upcoming green candle could open the door for an explosive upward movement! 💥
📊 Trading volumes are increasing significantly, enhancing the likelihood of a strong movement – the market is watching!
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🚀 The expected scenario:
📈 If WCT successfully breaks the nearby resistance at $0.3055, we may witness a rapid surge towards levels of $0.313 – $0.3217 🔝
🛡️ In the event of a drop, the $0.299 – $0.297 area will act as a very strong support zone that can halt the bleeding and push the price back up.
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🔥 Is WCT ready to explode?!
With rising momentum and increasing interest, $WCT seems to be in an ideal position for a sudden breakout. The opportunity may be right in front of us now! 🚀
📢 Do you see WCT heading towards $0.32 soon?