🔥 Stable performance with signs of recovery! The WCT coin has risen by +2.36% over the last 24 hours, from a low of 0.3162 to the current levels of 0.3423.
💡 Quick technical outlook:
✅ Good buying momentum: RSI indicator at 64.95, still below the overbought zone, opening the door for further upside.
✅ Positive crossovers: MA(5) crossing above MA(10), reinforcing the bullish signal.
✅ Good Stochastic: K at 71.7 and D at 73.5, close to overbought areas but not entered yet, indicating continued momentum.
✅ Positive MACD: The MACD line crosses slightly above zero, which is an initial signal for a trend reversal to bullish.
📌 Next resistance: 0.3450 then 0.3698 (previous high).
📉 Important support: 0.3250 then 0.3160 (local low).
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📢 Analyst's opinion: The coin shows encouraging technical signals, and it seems to be preparing for an upward move if the nearby resistance is broken. Monitoring trading volume is essential to confirm the trend.
🚀 Opportunity? If 0.3450 is broken with a strong close, we may see targeting levels of 0.36 then 0.38$.
