$WCT /USDT – Technical Analysis (12H)
🔹 Current Price: ~0.3639 USDT
🔸 The price is consolidating after a recent uptrend and is now testing the lower boundary of the ascending channel.
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🔍 Key Insights:
✅ MA(7): 0.3757 → Resistance
✅ MA(25): 0.3608 → Short-term support
✅ MA(99): 0.3458 → Strong long-term support
📈 Parabolic SAR: 0.3400 → Bullish bias intact
☁️ Ichimoku Cloud Zone:
Price inside the cloud (0.3531 – 0.3687) → Neutral/Decision zone
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📐 Market Structure:
WCT is currently respecting its ascending trend channel. A breakdown would signal short-term weakness, while support holding at current levels could trigger a new leg up.
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📌 Key Levels:
Resistance: 0.3687 → 0.3757
Support: 0.3531 → 0.3458
Global Demand Zone: 0.295–0.31
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🧭 Possible Scenarios:
🔼 Bullish Case:
Price holds above 0.3531 and reclaims 0.365+
🎯 Targets: 0.3757 → 0.39+
🔽 Bearish Case:
Break below 0.3531 confirms trendline loss
🎯 Targets: 0.3458 → 0.31
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🧠 Final Take:
WCT is at a critical support area. The next 12–24 hours could define its next major move. Watch for volume spikes and candle closes near support/resistance.
