$WCT /USDT 1H Chart Analysis
Current Price: $0.3164 | -1.03%
24H High: $0.3313 | 24H Low: $0.3131
Volume: 12.79M (WCT) | 4.13M (USDT)
WCT is showing short-term weakness after rejecting near the 0.3313 mark. The chart shows a rounded top formation with lower highs and steady red candles, signaling bearish pressure. It’s currently hovering in the mid-range between resistance and support.
Support zone lies between 0.3120 and 0.3080
Resistance zone lies between 0.3220 and 0.3270
Short Setup
Entry: 0.3160 – 0.3180
TP1: 0.3100
TP2: 0.3060
SL: 0.3220
Plan: Wait for a slight bounce before entering short, targeting lower support levels.
Bounce Play (If Support Holds)
Entry: 0.3120
TP1: 0.3175
TP2: 0.3220
SL: 0.3080
Plan: If price shows a long wick or green candle at support, a quick scalp to resistance is possible.
WCT currently lacks bullish momentum. If 0.3120 breaks, expect further downside. Use proper risk management and wait for confirmation before taking action.