Neutral to Slightly Bullish on $WCT โ price is consolidating between $0.328โ$0.331, hinting at a possible base formation.
๐ Key Levels (Fibonacci Pivots)
Support: $0.3244โ$0.3260 zone (pivot + structural support).
Resistance: $0.3270โ$0.3280 zone (pivot resistance).
๐ข Fibonacci Snapshot
Price is holding near mid-pivot ranges โ no clear retracement trend, but trading close to crucial support/resistance levels.
๐ RSI Check
Current: 49โ57, a neutral band.
Takeaway: Neither overbought nor oversold โ watch for divergences or a break above 70/below 30 for momentum signals.
๐ฏ Entry Zones
Conservative: $0.3245โ$0.3260 โ safer buy near pivot support.
Aggressive: $0.3235โ$0.3240 โ riskier entry just below pivots for breakout potential.
๐ฐ Take-Profit Targets
TP1: $0.3275โ$0.3280 โ immediate pivot resistance.
TP2: $0.3350 โ if breakout holds with volume (aligns with 50-day MA).
๐ก Stop-Loss Ideas
Conservative SL: Below $0.3235 to safeguard against breakdown.
Tight SL: Slightly under $0.3244 to lock profits while respecting structure.
