$WCT 🟢 Complete technical analysis for WCT/USDT:

1. General trend (Trend):
⚠️We notice that the price is in a long-term downward trend since the peak at 1.3941.
♦️Currently, it is moving in a narrow sideways range (accumulation) between approximately 0.29 and 0.31.
🚀This behavior indicates the possibility of accumulation before a price explosion.
2. Bollinger Bands:
✅️The bands have become very narrow, which is often a strong indicator of an impending strong movement, either upwards or downwards.
✅️The price is approaching the middle of the band (0.3240), and if it breaks upwards with a daily candle close, it will be a confirmed upward signal.
3. Relative Strength Index RSI (6):
✅️RSI is currently at 36.9 and still in the weak zone, but it is gradually improving.
🔥Any breakout above the level of 40 then 50 indicates the beginning of upward buying momentum.
4. MACD:
☑️There is a near positive crossover between the blue line (MACD) and the orange line (signal), but the momentum is still weak.
🔁The two lines are very close to meeting above zero, and if that happens, it will confirm the beginning of an upward movement.
5. Trading Volumes:
⬇️We notice that trading volume has been very low recently, which is normal during the accumulation phase.
🚀At any price explosion, you will notice a sudden increase in volume, which is an important confirmation.
6. Support and Resistance:
💪Strong support: 0.2869 – the price has bounced from it multiple times.
💪Nearby resistance: 0.3240 (mid Bollinger), then 0.3659 (upper limit).
💪Psychological resistance: 0.40 then 0.50.
📌 Summary and Expected Scenarios:
✅ The bullish scenario (most likely):
If 0.3240 is broken with a daily close + increase in volume:
🎯Targets:
1.🎯0.36
2.🎯0.40
3.🎯0.50

⛔️Suggested stop loss: below 0.2869 with a daily close.


❌ The bearish scenario (if the breakout fails):
🔹️If 0.2869 is broken downwards, there will be a new decline possibly to 0.25 or lower.
✅ Strategic advice:
🔹️Watch the price closely at 0.3240.
🔹️Do not enter before the breakout with strong trading volume.
🔹️If the bullish explosion occurs, you will have an excellent opportunity for profit.#OneBigBeautifulBill