🚨 Bullish Breakout Watch: $WCT /USDT @WalletConnect
Current Price: $0.3151 | 24h Volume: 17.30M WCT / 5.41M USDT
📊 Trade Setup:
$WCT is making a solid push off intraday support with strong bullish momentum. After a healthy pullback to the $0.3090 level, price has rebounded and is now approaching the key resistance area. Bulls appear to be regaining control with higher lows forming.
🔑 Key Technical Levels:
• Entry Zone: $0.3135 – $0.3165
• Breakout Confirmation: Break and close above $0.3190 with increased volume and bullish candle structure
• Support: $0.3090
• Stop Loss: $0.3065 (just below recent swing low)
🎯 Upside Targets:
• Target 1: $0.3250
• Target 2: $0.3320
• Target 3: $0.3400+ (if volume expansion continues)
📈 Market Sentiment:
Buyers are starting to dominate the short-term structure. Price is moving cleanly above the MA(5) and MA(10), and volume is supporting the recovery. With the local low secured at $0.3091, this setup looks primed for a breakout attempt if resistance is cleared.
⚠️ Risk Management:
Enter on confirmation—not anticipation. Keep stop losses tight and manage position size carefully. Momentum plays offer fast moves but require discipline and timely exits.