$WCT
📉📈 WCT/USDT – Market Structure Broken to the Upside, But Caution Ahead
🔹 Current Price: $0.3249
🔹 24h High: $0.3389
🔹 24h Low: $0.3004
🔹 Trend: Bullish breakout, but short-term chart shows possible reversal.
Market Structure:
WCT recently broke above a key resistance level, confirming a bullish market structure on the higher timeframe. However, the 15-minute chart is now showing signs of a double bottom pattern, which has already played out — indicating a potential downside retracement from current levels.
Entry Zones:
🟢 Aggressive Entry: $0.3180 – Catching pullback from the top.
🟡 Safe Entry: $0.3100 – If price dips near neckline support.
🛡 Strong Support Entry: $0.3000 – Bounce zone from daily low.
Scenarios:
📈 Upside Continuation: A move above $0.3389 could open targets towards $0.3500–$0.3650.
📉 Downside Risk: Failure to hold above $0.3180 may trigger a drop toward $0.3000 again.
Outlook: Bullish structure remains on higher timeframes, but intraday traders should watch closely — WCT could pull back short-term before resuming upward momentum.