$WCT /USDT is showing fresh signs of life after a long pullback. On the 1hour chart, price action is tightening up, hinting at an incoming move. Bulls have momentum on their side but one stubborn level stands in the way.
š Current Status:
Price: $0.2996
MA 7: $0.2989 ā (Support)
MA 25: $0.2966 ā (Support)
MA 99: $0.3016 ā (Major resistance)
The 99 period MA has been a brick wall since July 30, repeatedly rejecting upward moves. With MA 7 & MA 25 pointing up, momentum is building but confirmation is key.
š Levels to Watch:
Resistance 1: $0.3016 (99 MA barrier)
Breakout Zone: $0.3060, $0.3100
Support: $0.2960 ā $0.2900
ā” Breakout Potential:
A clean push above $0.305 could spark a squeeze toward $0.315 $0.320. Fail again, and $WCT risks another lower high keeping the bearish trend intact.