📌 In-depth analysis of the WCT/USDT pair
@WalletConnect #WalletConnect #WCT
📈 **Technical Overview:**
– Current price: $0.3544 (+12.94%)
– EMA(21): 0.3424 | EMA(50): 0.3329 → Short-term bullish signal
– RSI(6): 55.67 → The market is not overbought, there is room for growth
– MACD: 0.0016 → The DIF line crosses above DEA, confirming the uptrend
🔍 **Futures trading strategy x20:**
– **Enter Long position** when the price holds above EMA(21) and RSI remains above 50
– **Take profit** around the resistance area $0.3878 (24h high)
– **Cut loss** below EMA(50) at $0.3329 to manage risk
– **Capital management:** With x20 leverage, only use <5% of total capital for each trade to avoid account wipeout
💡 **Note:**
WCT is experiencing high trading volume (100M WCT/35M USDT), indicating strong capital inflow. However, high volatility comes with high risk. Stay committed to the strategy and do not let emotions take control.
📊 Futures trading is a game of discipline and data. Let technical analysis guide you, not rumors.
