WCT bouncing from oversold territory

• Daily candle closing in green

• Volume: 2.59M+ $WCT

• MA(5) and MA(10) still bearish but flattening

After weeks of aggressive selling pressure, $WCT has formed a potential bullish engulfing pattern near its local low of $0.2817. The price is now attempting to reclaim the psychological $0.30 level. If buying momentum builds, we could see resistance tested at $0.333–$0.36 next.

The $WCT chart suggests a period of quiet consolidation—often a precursor to a potential move. If a breakout occurs, it could indicate a shift in trend and open the door to further gains.

Accumulation zones are tightening and breakout traders are watching closely. This could turn parabolic quickly.

However, confirmation is needed through follow-up candles. Stay alert.

Smart traders double-check everything. Don’t rely on hearsay—study the project, understand the risks, and then decide. Your future self will thank you.

#WCTUpdate #BinanceSquare