$WCT /USDT 1-Hour Chart Analysis
“Wallets talk, will prices run?” 🔗📲
🎯 Targets:
Target 1: 0.37 USDT 🪙⚡
A short-term resistance zone tested during the last breakout.
Target 2: 0.42 USDT 🚀🔍
A previous resistance level from April’s decline.
Target 3: 0.50 USDT 🎯🐂
A psychological resistance where liquidity was concentrated in past cycles.
🛡️ Support Levels:
0.33 USDT 🧱📉
Support aligned with the 20 & 50 MA zones.
0.31 USDT 🧱🛡️
200 MA support zone—crucial for trend continuation.
🔍 Technical Overview:
Price: 0.3456
Trend: Short-term recovery in progress but no major breakout yet.
Moving Averages:
20 MA: 0.3355
50 MA: 0.3362
200 MA: 0.3159
⚙️ Commentary:
Price is currently holding above the 20 and 50 hourly moving averages.
A break above 0.37 USDT could trigger stronger momentum.
A drop below 0.31 USDT would weaken the structure significantly.
⚠️ Warning:
Fast-moving setups like this involve high risk. Always use stop-losses and manage your position carefully.
Not financial advice. Trade responsibly.