LONG on $WCT
just bought WCT and it's gonna go up
my signal for u
Market Context & Sentiment
Volume: High at ~$19–21 M, representing ~35% of its market cap—suggesting strong liquidity
News Flow:
Binance integrated WCT on Ethereum, and Solana airdrops stirred modest bullish interest
Binance Square analysts note whales accumulating and trending content events
Technical Patterns:
Zoomed out, WCT is in a recovery from April lows ($0.28) toward the May ATH (~$1.34)
Short‑term charts (15–30 min) show a descending triangle and a sharp test of support near $0.294–$0.300
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📈 Scalping Trade Setup
🎯 Rationale
Support level: $0.294–$0.300 seems stable.
High intraday liquidity ensures tight entries and stops.
Momentum is shifting neutral-to-bullish, with whales accumulating and fundamentals (exchange integrations, airdrops) providing positive catalysts.
💹 Trade Parameters
Entry: $0.3010–$0.3030 – preferrably on a bounce off $0.300 with confirmation (e.g. bullish 1-min candle close).
Stop‑Loss: $0.2970 — just below triangle base; limits downside.
Target(s):
TP1: $0.3060 – first resistance of today’s high.
TP2: $0.3090 – near intraday top and upper triangle edge.
Level Price
Entry $0.3010–$0.3030
Stop‑Loss $0.2970
Take Profit 1 $0.3060
Risk/Reward:
Entry at $0.302 → Stop at $0.297 = 0.5% risk.
To TP1: +1.3% gain.
Confidence: Medium–High (~65%) — supportive volume and structure, but market-wide volatility (e.g. BTC movement) could affect altcoins.