$WCT

#WCT Bearish signals (1 hour chart )🔻🔻🚦

🔑Key Indicators:

🫂Price: The current price of WCT/USDT is $0.3159, with a 4.59% decrease.

🪐Moving Averages (MA): The 7-day MA is $0.3183, the 25-day MA is $0.3236, and the 99-day MA is $0.3202.

🔷Relative Strength Index (RSI): The RSI is 37.3534, indicating that the cryptocurrency is oversold.

🔻 24h High and Low: The 24-hour high is $0.3357, and the 24-hour low is $0.3141.

🔻🔻24h Volume: The 24-hour volume is 19.14M WCT and 6.21M USDT.

Trend Analysis:

⏫Short-term trend:*The short-term trend appears to be bearish, with the price decreasing by 1.65% today and 11.73% over the past 7 days.

💧Medium-term trend: The medium-term trend is also bearish, with the price decreasing by 51.60% over the past 30 days.

📊Momentum Analysis:

Based on the indicators and trends, the momentum appears to be🔻 bearish.🔻 The price is decreasing, the RSI is oversold, and the short-term and medium-term trends are bearish. However, it's essential to note that the cryptocurrency market is highly volatile, and trends can change rapidly. Traders should exercise caution and consider multiple factors before making investment decisions.