*WCT/USDT Analysis* ๐
*Current Market Snapshot:* ๐ธ
- Current Price: $0.3054
- 24h High: $0.3245
- 24h Low: $0.3031
- 24h Volume (WCT): 11.88M
- 24h Volume (USDT): $3.72M
*Technical Analysis:* ๐
The chart shows a downward trend with the price currently at $0.3054. The moving averages (MA) indicate a bearish sentiment:
- MA(7): $0.3069
- MA(25): $0.3134
- MA(99): $0.3177
*Key Levels:* ๐
- Support Zone: $0.3031 (recent low)
- Resistance Levels: $0.3245 (recent high) and $0.3440 (previous resistance)
*Trade Setup:* ๐
- Entry Target: $0.3054 (current price)
- Stop Loss: $0.295 (below recent low)
- Profit Targets:
- TP1: $0.3245 (short-term bounce)
- TP2: $0.3440 (bullish continuation)
*Market Sentiment:* ๐ค
Neutral-to-bearish, with a potential breakout above $0.309.
*Risk Management:* โ ๏ธ
Stay sharpโrespect your stop-loss and confirm breakout levels before entering.
*Conclusion:* ๐
WCT is showing signs of a potential breakout. Traders should watch closely and confirm breakout levels before entering. Trade smart, aim high! ๐ฅ๐๐
@walletconnect