๐ WCT/USDT Technical Analysis โ Long-Term Accumulation with DCA
๐ Timeframe: 1D (Daily Chart)
๐ Objective: Accumulate in key zones using DCA and trend-based timing
๐ป Current Signal: PARTIAL SELL / WAIT FOR PULLBACK
๐ Signal Confidence: 76%
๐ฅ Market Snapshot:
WCT hit a local high of $0.3707 and is currently sitting at $0.3608, showing strong recent momentum. However, RSI is approaching the overbought zone (69.85) and the daily candle shows upper wick rejection, hinting at a possible short-term pause.
๐ฏ Key Levels:
Take Profit Target: $0.3780 ๐ฉ
Stop Loss (short-term): $0.3460 ๐ป
DCA Rebuy Zones (long-term):
$0.334
$0.317
$0.296
โ 10 Reasons to Consider Partial Sell:
๐ด 1. RSI near 70 โ overbought zone approaching
๐ด 2. Upper wick at $0.3707 โ shows rejection from resistance
๐ด 3. Volume spike on red candle โ possible distribution
๐ด 4. Price stretched from EMA(7) and EMA(25)
๐ด 5. First red candle after multi-day green rally
๐ด 6. No clear consolidation base after recent breakout
๐ด 7. MA(5) flattening while MA(10) lags
๐ด 8. Last high forms a short-term resistance block
๐ด 9. RSI and price showing slight divergence
๐ด 10. Low volume support under $0.346 โ fast retrace risk
๐ง DCA Strategy for Long-Term Holders:
Use retracements to re-enter in the $0.29โ$0.33 range. Perfect for long-term builds and Write2Earn portfolio growth.
๐ก Summary:
Momentum is cooling off after a sharp move up. A healthy pullback could provide a much better re-entry. DCA below $0.33 for stronger long-term positions.
โ ๏ธ Chart-based technical view only โ not financial advice.
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