$WCT 8 August Based on 17 technical indicators, 3 buy signals, and 9 sell signals, the technical price analysis shows a bearish sentiment in the short term. The first significant resistance level for $WCT is at $0.3767. To continue the upward movement, it needs to close above this level. The lower support is at $0.2898. Thus, if the price drops below $0.2898, we may see further price declines. If WCT closes above $0.3767, it could rise to the next resistance level at $0.5463.
The 14-day Relative Strength Index (RSI) currently stands at 28.50, indicating an oversold condition, and oversold conditions signal that the price may rise in the near future