#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 day) $WCT /USDT

1. Price and Trend:

• The last price value is approximately 0.3288 USDT.

• The chart shows a sharp price spike to 1.3928 in May 2025, after which a sharp decline began. The price is currently at the lower end of the range, which may indicate a bearish trend or consolidation.

2. Bollinger Bands:

• The price is near the lower end of the Bollinger Band (0.2798), which may signal oversold or a possible rebound. The middle line (MB: 0.3439) serves as a resistance level.

3. Volume:

• There is a significant peak in volume during the sharp price increase in May, after which the volume gradually decreases. The current volume (65.595 million) is relatively low, which may indicate a decrease in investor interest.

4. MACD:

• MACD (0.0075) is below the zero line, and the difference between DIF (-0.0488) and DEA (-0.0563) is negative. This confirms the bearish trend, although the divergence is small, which may indicate the weakness of the current decline.

5. Stochastic RSI:

• Stochastic RSI (14.9819 and 9.0885) is in the lower zone (below 20), which also signals oversold. This could be a prelude to a possible upward reversal, if other indicators confirm.

6. OI (Open Interest):

• Open Interest (OI: 36.4M) has declined from its peak (81.8M), which may indicate traders closing positions as the price falls.

⚠️Conclusion: The asset currently looks oversold according to a number of indicators (Bollinger Bands, Stochastic RSI), but the bearish trend remains (MACD, price action). A rebound to 0.3439 (Middle Bollinger Band) is possible if volumes increase. It is recommended to monitor volume changes and support/resistance levels for a more accurate forecast.