🎯 The WCT/USDT coin is experiencing relative stability around the level of $0.3342, amid slight fluctuations in a narrow range, opening the door for interesting short-term trading scenarios.
✳️ Quick Look at the Indicators:
Current Price: 0.3342
Highest Price in 24 Hours: 0.3496
Lowest Price in 24 Hours: 0.3305
Change Percentage: -2.08%
Volume in 24 Hours: 15.92 million WCT
📈 Technical Indicators:
7-Day EMA: 0.3280 (Positive, price above it)
25-Day EMA: 0.3390 (Current Critical Resistance)
RSI(6): 63.9 ⇒ Entering the Buying Momentum Zone
RSI(14): 47.5 ⇒ Neutral leaning positive
🔑 Important Technical Levels:
Nearest Support: 0.3280
Nearest Resistance: 0.3390, followed by 0.3490
Confirmation Level for Uptrend: Exceeding 0.3490 with strong trading volume
📊 Technical Analysis:
Current data indicates the beginning of a bullish reversal pattern after a sharp correction from the previous peak at $1.39. The price crossing above the 7-day moving average shows an improvement in momentum, while the 25-day average still represents a critical technical resistance to watch.
If the level of $0.3390 is broken and held above, we might witness a rapid upward surge towards $0.40. However, if it fails, a return to the $0.32 area would be likely.
🎯 Suggested Strategy (not investment advice):
Possible Entry Point: Near $0.3280 provided it holds
First Target: $0.3490
Second Target: $0.40
Stop Loss: Below $0.3200
⏳ Summary:
The WCT coin shows signs of short-term recovery, supported by good trading momentum and improvement in indicators. However, confirming the upward trend requires breaking the resistance at $0.3390 and holding above it. Staying in a watch position with risk management is crucial.
🔔 Are you following WCT? Share your predictions about the upcoming movement in the comments! Don't forget to support 👍 and follow to receive all updates.
