$WCT
#WCT Short-term bullish zone (4 hours charts)⏫
Current Price: The current price of WCT/USDT is $0.3177, with a 5.02% increase.
24h High and Low: The 24-hour high is $0.3241, and the low is $0.2974. This range indicates the volatility within the last 24 hours.
Moving Averages (MA):
MA(7): $0.3111
MA(25): $0.3161
MA(99): $0.3246
The current price is above MA(7) and MA(25) but below MA(99), suggesting a short-term bullish trend but potential resistance at the MA(99) level.
Chart Analysis: The chart shows a recent upward movement, indicating bullish activity. However, the price is approaching the MA(99) level, which could act as resistance.
Short-term Bullish Zone Identification:
Support Level: The recent low of $0.2974 can be considered a support level.
Resistance Level: The MA(99) at $0.3246 acts as a resistance level.
Given these points, the short-term bullish zone for WCT/USDT would be between the support level of $0.2974 and the resistance level of $0.3246. However, since the question asks for a specific zone and considering the current price and the moving averages, a more precise bullish zone could be considered above the current price but below the resistance level.
