WCT has just touched $0.3471 on Binance, surging +3.80% in the past hours as momentum builds. After bouncing from the $0.3162 support, the price is now challenging its previous high at $0.3496.
📈 Technical Snapshot:
✅ Strong Uptrend: The price is climbing steadily and approaching key resistance.
✅ RSI at 75.03: Indicates strong buying pressure but entering overbought territory – watch for potential pullback. $WCT
✅ MACD Bullish: The histogram is green, and DIF is above DEA, signaling momentum is still on the bulls’ side.
✅ Volume Increasing: Buyers are stepping in, giving more weight to the current move.
📊 Key Levels to Watch:
Resistance: $0.3513 → If broken, WCT could rally toward $0.36 and beyond.
Support: $0.3366 → Holding above this level keeps the bullish scenario intact.
🔥 My Take:
This is a pivotal zone for WCT! A breakout above $0.3513 could trigger a sharp move upward. However, traders should watch for a quick retest or pullback given the elevated RSI.