WCT is currently trading at $0.3653, down -3.03% in the last 24 hours, after hitting a local high of $0.3858. Despite the minor pullback, the asset remains in an overall uptrend, showing healthy consolidation above key support levels. The bullish structure is still intact, and momentum indicators hint at a possible continuation — but caution is warranted.
📊 Technical Overview:
WCT recently surged from a low of $0.2869 and pushed past multiple resistance zones, topping briefly near $0.3858 before retracing. The chart shows clear higher lows and higher highs, suggesting that the bullish trend remains valid unless a significant breakdown occurs.
RSI (6): 63.01 — Bullish but nearing overbought territory.
MACD: Still positive, indicating ongoing bullish momentum.
Volume: Decent trading volume, showing active participation from both buyers and sellers.
📈 Key Levels:
Resistance: $0.3698 (near-term), $0.3858 (recent high), $0.4101 (major resistance)
Support: $0.3349, then $0.3212 (critical swing low)
🎯 Buy Zone: $0.3400 – $0.3500
🛡 Stop Loss: Below $0.3210
🎯 Target 1: $0.3698
🎯 Target 2: $0.3858 – $0.4100
🔥 My Take:
WCT is holding up well above the $0.3349 level. As long as the price remains above $0.3350, the bullish scenario stays alive. A clean break and daily close above $0.3698 could trigger the next leg up toward $0.3858+. However, if the price drops below $0.3212, the setup may be invalidated — so keep your stop loss tight.
Stay sharp, bulls. This move isn't over — it's just consolidating.
